KeyBanc Downgrades Minerals Technologies (MTX) to Sector Weight

September 19, 2016 6:59 AM EDT
Get Alerts MTX Hot Sheet
Price: $67.65 -0.95%

Rating Summary:
    1 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 14 | Down: 11 | New: 8
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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."

For an analyst ratings summary and ratings history on Minerals Technologies click here. For more ratings news on Minerals Technologies click here.

Shares of Minerals Technologies closed at $66.04 yesterday.

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