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Fly News Breaks for February 22, 2016
CCC
Feb 22, 2016 | 08:17 EDT
Roth Capital analyst Gerry Sweeney downgraded Calgon Carbon to Neutral and lowered his price target to $17 from $22 on shares citing end market uncertainty. The analyst said powdered activated carbon sales from Mercury will likely be less than expected in 2016, continued lumpiness in carbon sales expected as fills continue to be extended, and Ballast Water revenues could remain on the sidelines for a period of time. Note shares were also downgraded at BB&T this morning.
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