Cabot downgraded to Neutral from Outperform at Mizuho

Mizuho downgraded Cabot (CBT) to Neutral from Outperform with a price target of $75, down from $80. The company’s earnings outlook for the remaining nine months of its fiscal 2026 came in 8% below Mizuho’s prior estimate, the analyst tells investors in a research note. The firm downgrades the shares citing “no recovery in sight” for tire and rubber product demand for carbon black and the stock’s 36% rally off the November low.