Haynes (HAYN) Shares Sink as Sidoti Cuts to Neutral
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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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