Information Provided By:
Fly News Breaks for February 6, 2020
GRA
Feb 6, 2020 | 08:12 EDT
Loop Capital analyst Chris Kapsch downgraded W.R. Grace to Hold from Buy with a price target of $69, down from $89, after its Q4 earnings and below-consensus Q1 guidance. The analyst cites the company's commentary about its "business cadence" along with its valuation headwinds, though he also notes that he would consider buying if the recent pressure on the stock persists since the overall W.R. Grace business is "generally healthy". Kapsch add that he is concerned that the company has struggled to generate much growth and sees no near-term positive catalysts.
News For GRA From the Last 2 Days
There are no results for your query GRA