Fitch Ratings said Wednesday that it has affirmed Masco Corp.'s (MAS) ratings, including the company's Issuer Default Rating at 'BB'.
The Rating Outlook is Stable.
Fitch said the ratings reflect Masco's leading market position with strong brand recognition in its various business segments, the breadth of its product offerings, and solid liquidity position. Risk factors include sensitivity to general economic trends, as well as the cyclicality of the residential construction market.
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