Caesarstone Sdot-Yam (CSTE) Tops Q1 EPS by 7c

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Chardan Capital Markets Downgrades CaesarStone Sdot-Yam (CSTE) to Neutral on Valuation

May 11, 2017 7:11 AM EDT

Chardan Capital Markets downgraded CaesarStone Sdot-Yam (NASDAQ: CSTE) from Buy to Neutral with a price target of $43.00 on valuation.

Analyst Lena Rogovin commented, "Despite growing competition, the US market remains a huge opportunity for the company in various price segments, given increasing quartz... More