NewMarket (NEU) Shares Sink Following Northcoast Downgrade to Sell
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Price: $961.92 +1.50%
Rating Summary:
0 Buy, 2 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
0 Buy, 2 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Shares of NewMarket Corporation (NYSE: NEU) plunged midday Tuesday following an intraday downgrade from Northcoast's Saul Ludwig. The analyst now rates shares a Sell, down from Neutral previously. Ludwig set a $160 downside price target.
With the stock now down 3.5 percent to $188.84, Northcoast's new price target implies potential downside of about 15 percent.
For an analyst ratings summary and ratings history on NewMarket Corporation click here. For more ratings news on NewMarket Corporation click here.
With the stock now down 3.5 percent to $188.84, Northcoast's new price target implies potential downside of about 15 percent.
For an analyst ratings summary and ratings history on NewMarket Corporation click here. For more ratings news on NewMarket Corporation click here.
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