Libbey (LBY) Misses Q2 EPS by 14c

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Dougherty & Co Downgrades Libbey Inc (LBY) to Neutral

August 5, 2016 9:03 AM EDT

Dougherty & Co downgraded Libbey Inc (NYSE: LBY) from Buy to Neutral and removed its price target (prior $26.00). Analyst Jeremy Hamblin said overcapacity and structural changes to retail delay recovery.

"Our downgrade is predicated on a lack of visibility on the... More