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Haynes (HAYN) Shares Sink as Sidoti Cuts to Neutral

September 18, 2009 11:50 AM EDT
HAYN Hot Sheet
Rating Summary:
    3 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Shares of Haynes International (Nasdaq: HAYN) are tumbling today amid an analyst downgrade earlier. The stock most recently traded at $31.68, down 5.5% from yesterday's close.

An analyst at Sidoti & Co. downgraded Haynes shares from Buy to Neutral, maintaining his $34 price target. The analyst's target represents potential upside of about 7% from current levels.

Visit our Analyst Ratings page to see all the market-moving upgrades/downgrades on shares of Haynes.

Haynes International, Inc. engages in the production and sale of high-performance nickel-and cobalt-based alloys in sheet, coil, and plate forms for use by manufacturers of equipment.

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