-
UPDATE: J.P. Morgan Raises PT on Cabot to $50 (CBT)
Thursday, April 28, 2011 - 7:35am | 116J.P. Morgan is out with its report today on Cabot (NYSE: CBT), raising its PT from $44 to $50. In a note to clients, J.P. Morgan writes, "We raised our December 2011 price target for Cabot from $44.00 to $50.00, which is consistent with the current share price reflecting our earnings adjustments...
-
Jefferies Lowers CBT 2011E EPS Estimate
Wednesday, March 23, 2011 - 9:57am | 56Jefferies is lowering its 2011E EPS estimate from $3.25 to $3.15. “Cabot Corp. (NYSE: CBT) intends to spend $180m to expand carbon black capacity by 300,000 tpy (15% of capacity) in emerging regions. Given no recent competitor capacity announcements, the market could remain tight into 2012-13,”...
-
Jefferies Energy Update (CLR, APC, COG)
Tuesday, December 7, 2010 - 10:05am | 131Jefferies published its Energy Update today and noted that M&A could play a big role for selective shales in 2011. In a note to clients, Jefferies writes, "While international M&A has been occurring for some time on 3P capture, such valuations have stopped at our borders. However, we sense...