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Fly News Breaks for October 8, 2018
CBT
Oct 8, 2018 | 07:28 EDT
Barclays analyst Michael Leithead started Cabot with an Overweight rating and $76 price target. The company's "sizeable" cyclical leverage, reduced expectations, and an attractive relative valuation make for a "compelling story," Leithead tells investors in a research note.
News For CBT From the Last 2 Days
CBT
Mar 26, 2024 | 16:48 EDT
Mizuho initiated coverage of Cabot with a Buy rating and $104 price target as part of a broader research note on Carbon Black. The firm has a preference for Cabot, stating it has a more diversified portfolio including higher growth inkjets, batteries verticals, and fumed silica, the analyst tells investors in a research note. Cabot's forward earnings estimates should keep rising, in part because it appears to still be benefiting from the ban on Russian products, the firm added.