KeyBanc Downgrades Minerals Technologies (MTX) to Sector Weight
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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."
Shares of Minerals Technologies closed at $66.04 yesterday.
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