Sidoti Upgrades Quaker Chemical (KWR) to Buy; Shares Push Over $42 Level

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Sidoti's Daniel Rizzo issued a mid-day upgrade on shares of Quaker Chemical Corporation (NYSE: KWR) Friday after the price pushed over resistance at $42. Rizzo now rates the stock a Buy, down from Neutral previously. The analyst maintained a $52 price target.

Shares of Quaker are up 6 percent to $42.88 at last check as bulls in the name stepped up this morning to push the price over important technical levels at the 50-day simple moving average (which was around $40.50) and $41.

For an analyst ratings summary and ratings history on Quaker Chemical Corporation click here. For more ratings news on Quaker Chemical Corporation click here.

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