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Fly News Breaks for November 14, 2019
TSE
Nov 14, 2019 | 08:51 EDT
Tudor Pickering analyst Matthew Blair downgraded Trinseo to Sell from Hold with a price target of $33, down from $35, stating that that poor supply/demand outlook for styrene dims prospects for 2020. He also said he expects global capacity growth next year of 6.5%, which is "far above" expected demand growth of 2.3%.
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