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JPMorgan Downgrades HB Fuller On Volume Headwinds Due To Global Economic Slowdown
Tuesday, April 9, 2019 - 10:11am | 410With the global economy slowing, volume growth at HB Fuller Co (NYSE: FUL) has decelerated and could remain sluggish through the rest of 2019, according to JPMorgan. The Analyst JPMorgan’s Jeffrey Zekauskas downgraded HB Fuller from Overweight to Neutral and maintained a $51 price target...
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LyondellBasell Downgraded By JP Morgan, Price Target Cut 20%
Thursday, June 23, 2016 - 8:57am | 271While the positive investment rating for LyondellBasell Industries NV (NYSE: LYB) had hinged on the expectation of the company being able to sustain a FCF yield of around 10 percent annually for a longer period, various “cracks” had formed in the investment thesis, JPMorgan’s...
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JPMorgan Downgrades Axiall To Neutral Following Back-And-Forth Bidding By Westlake
Monday, June 13, 2016 - 9:51am | 295Axiall Corp (NYSE: AXLL) shares have appreciated 82 percent over the past four months, as compared to the 8 percent rise for the overall market. JPMorgan’s Jeffrey J. Zekauskas downgraded the rating on the company from Overweight to Neutral, while raising the price target from $26.50 to $33....
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JP Morgan Downgrades Scotts Miracle-Gro To Neutral
Tuesday, March 22, 2016 - 10:04am | 268JP Morgan’s Jeffrey J. Zekauskas downgraded the rating for Scotts Miracle-Gro Co (NYSE: SMG) from Overweight to Neutral, with a price target of $70, citing uncertainties created by the company’s recent several transactions. Scotts Miracle-Gro’s shares have appreciated 14.8...
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JPMorgan Downgrades Cabot Corp. To Neutral
Monday, March 14, 2016 - 10:09am | 316JPMorgan’s Jeffrey J. Zekauskas downgraded the rating on Cabot Corp (NYSE: CBT) from Overweight to Neutral, while raising the price target from $45 to $47. Share Price Up The stock has appreciated 18 percent year to date, as compared to a 1 percent decrease in the S&P average....
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Chemical Investors: J.P. Morgan Prefers PPG To Valspar Now
Wednesday, November 25, 2015 - 10:00am | 398The Valspar Corp (NYSE: VAL) shares have gained 13 percent in the last three months, even after hitting a low of $70.82 on September 28. JP Morgan’s Jeffrey J. Zekauskas downgraded the rating on the company from Overweight to Neutral, while raising its price target from $83 to $85....
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JPMorgan Is 'Reversing Course' On Valspar, Upgrades To Overweight
Saturday, September 19, 2015 - 10:23am | 331In a report published Friday, analysts at JPMorgan led by Jeffrey J. Zekauskas raised their rating on The Valspar Corp (NYSE: VAL) from Neutral to Overweight. In addition, they boosted their price target on the stock by $1.00 to $83.00. Shares of Valspar were slightly up on Friday trading....
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5 Stocks That Have JPMorgan Analysts Talking
Friday, February 20, 2015 - 1:48pm | 423Fresh from J.P.Morgan, let's take a quick look at some of the stories analsyts are watching. Westlake Chemical Corporation (NYSE: WLK) is rated at Overweight. According to Jeffrey J. Zekauskas, Westlake Chemical offers “the most favorable risk/reward characteristics of the North...
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Analysts Mixed, But Bullish On Axalta Coating Amid Expiration Of Sell-Side Quiet Period
Monday, December 22, 2014 - 4:59pm | 447Axalta Coating Systems Ltd (NYSE: AXTA) had received no analyst ratings since its public debut on the NYSE in November, but saw four research firms initiate coverage on its stock on Monday. Nomura and Deutsche Bank issued Buy recommendations, with $33 and $32 price targets, respectively....
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JP Morgan Sees Headwind For Eastman Chemical In Lower Oil Prices
Friday, December 5, 2014 - 12:08pm | 301Eastman Chemical Company's (NYSE: EMN) lower costs for propane won't offset the lower prices it gets for petrochemicals in light of oil's steep decline, an analyst said Friday. JP Morgan's Jeffrey J. Zekauskas downgraded the company to Neutral, from Overweight. Many of Eastman...
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UPDATE: JP Morgan Upgrades The Valspar Corp
Friday, December 5, 2014 - 11:14am | 144JP Morgan upgraded The Valspar Corp (NYSE: VAL) from Neutral to Overweight and raised its price target from $83 to $91. Analyst Jeffrey J. Zekauskas believed “the effects of the recent 30 percent decrease in the price of oil are positive for the paint and coatings industry and create...
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UPDATE: J.P. Morgan Upgrades Eastman Chemical for Year-Ahead Performance
Friday, November 8, 2013 - 9:42am | 248In a report published Friday, J.P. Morgan analyst Jeffrey J. Zekauskas upgraded the rating on Eastman Chemical Company (NYSE: EMN) from Neutral to Overweight, and raised the price target from $82.00 to $83.00. In the report, J.P. Morgan noted, “Eastman Chemical shares present an investor with a...
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UPDATE: J.P. Morgan Downgrades CF Industries Holdings on Multiple Challenges Ahead
Thursday, October 24, 2013 - 9:29am | 266In a report published Thursday, J.P. Morgan analyst Jeffrey J. Zekauskas downgraded the rating on CF Industries Holdings (NYSE: CF) from Overweight to Neutral, but reiterated the $210.00 price target. In the report, J.P. Morgan noted, “CF's share price has approached our December 2014 price target...
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UPDATE: J.P. Morgan Upgrades DuPont on Increased 2013 EPS Estimate, 2014 EPS Forecast
Wednesday, October 23, 2013 - 10:33am | 161In a report published Wednesday, J.P. Morgan analyst Jeffrey J. Zekauskas upgraded the rating on DuPont (NYSE: DD) from Neutral to Overweight, and raised the price target from $60.00 to $67.00. In the report, J.P. Morgan noted, “We are upgrading DuPont from Neutral to Overweight and raising our...
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UPDATE: J.P. Morgan Downgrades Axiall on Multiple Challenges Ahead
Wednesday, September 11, 2013 - 10:59am | 180In a report published Wednesday, J.P. Morgan analyst Jeffrey J. Zekauskas downgraded the rating on Axiall Corp. (NYSE: AXLL) from Overweight to Neutral, and lowered the price target from $53.00 to $46.00. In the report, J.P. Morgan noted, “We rate Axiall Corp Neutral. The acquisition of the PPG...