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Fly News Breaks for October 15, 2019
OLN
Oct 15, 2019 | 16:39 EDT
Wells Fargo analyst Michael Sison initiated coverage of Olin with a Market Perform rating and $21 price target. The analyst contends that the company's commodity chemical portfolio is "attractive", but its near term pricing is not improving as fast as expected amid the weak overall demand environment. If the pricing improves however, Sison is positive on Olin's #1 global position in Chlor-Alkali with the lowest cost global footprint.
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