Credit Suisse Cuts Sociedad Quimica y Minera (SQM) to Underperform

September 29, 2010 9:38 AM EDT Send to a Friend
Get Alerts SQM Hot Sheet
Price: $48.13 +0.27%

Rating Summary:
    3 Buy, 2 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
Trade SQM Now!
Shares of Sociedad Quimica y Minera (NYSE: SQM) are down more than a percent this morning as an analyst at Credit Suisse downgraded the stock from Neutral to Underperform earlier. Despite the lowered investment rating, the firm raised its price target from $36 to $41.

With SQM shares last trading around $49.17, Credit Suisse's new price target represents potential downside of about 17%.

To see all the analyst action on shares of SQM, visit our Analyst Ratings page.


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