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Fly News Breaks for April 23, 2018
CBT
Apr 23, 2018 | 06:25 EDT
Loop Capital analyst Chris Kapsch keeps his Buy rating and $80 price target on Cabot, saying the full retracement in its stock price since the initial post-Q1 earnings rally is being attributed to a "recent downdraft in spot Chinese carbon black prices." Kapsch notes however that the China price decline is not indicative of the "the whole story with respect to carbon black fundamentals in that region" - on the contrary, he believes that Cabot's profitability in China will prove sustained.
News For CBT From the Last 2 Days
CBT
Apr 18, 2024 | 09:07 EDT
CBT
Apr 18, 2024 | 08:44 EDT
