Fly News Breaks for July 27, 2017
USG
Jul 27, 2017 | 06:28 EDT
BofA/Merrill analyst John Lovallo downgraded USG to Neutral and cut its price target to $31 from $38 citing the disappointing Q2 report. The analyst said wallboard utilization remains depressed and the ceilings business is also challenged due to low growth and incremental competition.
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