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Fly News Breaks for August 7, 2017
OEC
Aug 7, 2017 | 05:39 EDT
JPMorgan analyst Jeffrey Zekauskas downgraded Orion Engineered to Neutral citing citing valuation with the shares up 31% over the past year. The analyst also expects the company's EBITDA growth will see pressure in the coming quarters due to currency translation effects. He lowered his price target for the shares to $23 from $25.
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