Calumet (CLMT) Announces Sale of Assets Related to Industrial Portion of its Royal Purple Business

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TD Cowen Downgrades Calumet Specialty Products Partners (CLMT) to Hold

March 4, 2025 5:29 AM EST

TD Cowen analyst Jason Gabelman downgraded Calumet Specialty Products Partners (NASDAQ: CLMT) from Buy to Hold with a price target of $16.00 (from $26.00).

The analyst comments "We downgrade CLMT to Hold, reducing our PT from $26 to $16. The market is more fully accounting... More