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Fly News Breaks for May 24, 2017
CBT
May 24, 2017 | 09:25 EDT
As previously reported, Northcoast upgraded Cabot to Buy from Neutral. Analyst Kevin Hocevar's checks indicate indicate industry conditions are favorable for global carbon black manufacturers over the next few years. Northcoast believes utilization rates will increase, leading to pricing tailwinds, and notes there are little confirmed capacity additions.
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