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Fly News Breaks for October 16, 2019
CBT
Oct 16, 2019 | 08:33 EDT
As reported previously, Baird analyst Ben Kallo downgraded Cabot to Neutral from Outperform. The analyst cited a challenging macro backdrop including softness in China and slower global auto production. He believes it will be an overhang on Cabot for several quarters. Kallo maintained his $45 price target on Cabot shares.
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