KeyBanc Downgrades Minerals Technologies (MTX) to Sector Weight
- Unemployment Rate Drops to 4.6%
- Bond yields fall on U.S. jobs data, euro flat before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
- Mnuchin Wants Fannie (FNMA)/Freddie (FMCC) Out of Government Hands, But Stocks Grossly Overvalued - Keefe, Bruyette & Woods
Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.
KeyBanc downgraded Minerals Technologies (NYSE: MTX) from Overweight to Sector Weight and removed its price target.
Analyst Philip Gibbs said, "Within Specialty Chemicals, we downgrade MTX from OW to SW, as we believe shares are likely to consolidate over the near term as the Company's unplanned management transition plays out."
Shares of Minerals Technologies closed at $66.04 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- JPMorgan Downgrades Minerals Technologies (MTX) to Neutral
- Jefferies Cuts Price Target on Workday (WDAY) to $71 Following 3Q
- UPDATE: Oppenheimer Starts Paylocity Holding (PCTY) at Perform
Create E-mail Alert Related CategoriesAnalyst Comments, Downgrades
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!