Quaker Houghton price target lowered to $140 from $170 at Piper Sandler

Piper Sandler analyst Charles Neivert lowered the firm’s price target on Quaker Houghton (KWR) to $140 from $170 and keeps a Neutral rating on the shares. The firm cites Q4 2024 and FY2024 earnings, updated 2025 guidance changes in its macro outlook both domestically and globally and some recent channel checks. The channel checks have shown scant evidence of any signs of recovery, and in some cases indicate small amounts of retrenchment, Piper notes.