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Fly News Breaks for February 13, 2019
GLT
Feb 13, 2019 | 08:45 EDT
BMO Capital analyst Mark Wilde lowered his price target on Glatfelter to $18 after its in-line Q4 results that also showed volume declines and headwinds from higher raw material and energy prices. The analyst keeps his Outperform rating on the shares in expectation of Composite Fiber volume recovery in 2019 and higher prices offsetting the input cost margin pressure.
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