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flag CIBC cuts stake in Masco, but the company beats earnings forecasts with a "Moderate Buy" rating.

flag CIBC Private Wealth Group LLC reduced its stake in Masco Co. by 2.7% in the 4th quarter, holding about 0.18% of the company's shares. flag Masco reported EPS of $0.89, beating forecasts, and has a "Moderate Buy" rating with a price target of $86.32. flag Norges Bank recently acquired a $129.31 million position in Masco, representing 0.83% ownership. flag The company's stock has a PE ratio of 18.50 and a beta of 1.24.

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