Quaker Houghton upgraded to Buy from Neutral at Seaport Research

Seaport Research upgraded Quaker Houghton (KWR) to Buy from Neutral with a $175 price target The outlook shifts from expecting improving demand to anticipating weaker consumer demand, higher inflation, and more volatile input costs following the Iran war, leading to reduced volume growth assumptions and higher pricing expectations, the analyst tells investors in a research note. While near-term margins may be pressured by energy and raw material spikes, the longer-term impact could be neutral or positive depending on supply recovery and pricing power, the firm says.