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Minerals Technologies upgraded to Buy from Neutral at Seaport Research

Seaport Research analyst Michael Harrison upgraded Minerals Technologies to Buy from Neutral with a $90 price target following what the firm calls a “solid finish to 2023.” Following the end-of-year report, the firm sees a strong combination of improving mix, cost discipline, and operating efficiency, as well as confidence around volume growth that should contribute to operating leverage, the analyst tells investors.

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