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Fly News Breaks for February 5, 2020
GRA
Feb 5, 2020 | 08:50 EDT
Baird analyst Ben Kallo lowered his price target on W.R. Grace to $73 from $81 following Q4 results. The analyst noted the results beat consensus however the guidance was lower than expected citing potential impacts of the coronavirus. Other headwinds include macro weakness, refinery turnarounds will adversely impact Q1 results. Kallo reiterated his Outperform rating on W.R. Grace shares.
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