Loop Capital analyst Chris Kapsch kept his Buy rating and $82 price target on Cabot after its Q4 earnings miss, saying the results were not as disappointing as they would appear and that he would be "inclined to buy any persistent weakness" in the shares. The analyst notes that the $9M in turnaround costs weighed on profit, and without it, earnings would have been a 2c-3c beat. Kapsch further adds that while the midpoint of Cabot's FY19 EPS outlook of $4.55 is below $4.73 consensus, it still implies a 10% growth. The analyst also states that the company's disclosed positive outcome associated with its annual tire contract negotiations was important.