Citi downgraded Wacker Chemie (WKCMF) to Neutral from Buy with a price target of EUR 71, down from EUR 82. The firm believes the U.S. Section 232 investigation into polysilicon will likely exclude Wacker from the market.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WKCMF:
- Wacker Chemie AG Announces Change in Voting Rights Structure
- Wacker Chemie price target lowered to EUR 57 from EUR 58 at Deutsche Bank
- Wacker Chemie downgraded to Underweight from Overweight at Morgan Stanley
- Wacker Chemie price target lowered to EUR 60 from EUR 78 at JPMorgan
- Wacker Chemie price target lowered to EUR 58 from EUR 60 at Deutsche Bank
