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Fly News Breaks for January 23, 2019
TSE
Jan 23, 2019 | 07:50 EDT
Deutsche Bank analyst David Begleiter lowered his price target for Trinseo to $55 after the company preannounced a Q4 shortfall. The analyst, however, keeps a Buy rating on the shares citing attractive free cash flow and valuation. Styrene profitability should remain relatively stable in 2019 and into 2020 due to limited new capacity additions, Begleiter tells investors in a research note.
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