Fly News Breaks for November 18, 2019
Nov 18, 2019 | 06:16 EDT
Stephens analyst Trey Grooms downgraded U.S. Concrete to Equal Weight from Overweight with a price target of $47, down from $60. The analyst says headwinds to ready mix concrete volume creates more uncertainty about the company's volume growth potential looking into 2020. After U.S. Concrete's Q3 results missed estimates, Grooms sees the company's volume headwinds persisting.
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