Jefferies Upgrades OMNOVA Solutions (OMN) to Buy
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Price: $10.14 --0%
Rating Summary:
1 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
1 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies upgraded OMNOVA Solutions (NYSE: OMN) from Hold to Buy and raised their price target from $8.25 to $11, suggesting 33% upside.
The firm states, "Structural improvements at OMNOVA Solutions suggest investors can obtain a favorable risk/reward coupled with a potential significant multiple expansion as a call option on a recovery in construction markets."
For more ratings news on OMNOVA Solutions click here and for the rating history of OMNOVA Solutions click here.
Shares of OMNOVA Solutions closed at $8.52 yesterday.
The firm states, "Structural improvements at OMNOVA Solutions suggest investors can obtain a favorable risk/reward coupled with a potential significant multiple expansion as a call option on a recovery in construction markets."
For more ratings news on OMNOVA Solutions click here and for the rating history of OMNOVA Solutions click here.
Shares of OMNOVA Solutions closed at $8.52 yesterday.
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