Jefferies Cuts Numbers on GrafTech International (GTI)
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Price: $2.70 --0%
Rating Summary:
1 Buy, 3 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 10 | New: 17
Rating Summary:
1 Buy, 3 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 10 | New: 17
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Jefferies cuts estimates and its price target on GrafTech International (NYSE: GTI) from $18 to $15, but maintained its Buy rating.
The firm cited deterioration in steel/scrap pricing and a more cautious outlook for global demand.
Q2 EPS goes from $0.18 to $0.16 and FY12 EPS goes from $0.89 to $0.74.
For an analyst ratings summary and ratings history on GrafTech International click here. For more ratings news on GrafTech International click here.
Shares of GrafTech International closed at $9.34 yesterday.
The firm cited deterioration in steel/scrap pricing and a more cautious outlook for global demand.
Q2 EPS goes from $0.18 to $0.16 and FY12 EPS goes from $0.89 to $0.74.
For an analyst ratings summary and ratings history on GrafTech International click here. For more ratings news on GrafTech International click here.
Shares of GrafTech International closed at $9.34 yesterday.
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