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Fly News Breaks for December 10, 2018
KRA
Dec 10, 2018 | 21:07 EDT
Stifel analyst Vincent Anderson initiated Kraton with a Hold rating and a price target of $22. The analyst notes that the company has exposure to "good longer term growth outlets" in medical and personal care but also faces near term headwinds from "competitively priced substitutes in SBCs, rubber, and pine chemicals". Anderson also points to the recent plant outage delaying Kraton's deleveraging.
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