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Fly News Breaks for May 31, 2017
KOP
May 31, 2017 | 05:32 EDT
Jefferies analyst Laurence Alexander downgraded Koppers Holdings to Hold saying shares will remain range-bound, "at best," amid "depressed" railroad spending. End market growth is unlikely to return until 2020-2021, Alexander tells investors in a research note. He lowered his price target for the shares to $40 from $48.
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