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UPDATE: Credit Suisse Downgrades Stillwater Mining Company to Neutral on Valuation

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Bank of America Initiates Stillwater Mining At Buy

Credit Suisse downgraded Stillwater Mining Company (NYSE: SWC) from Outperform to Neutral.

Credit Suisse commented, "Given the combination of 1) significant share outperformance since South African supply issues escalated last August, 2) the potential for negative headline risk when the company releases its Marathon engineering study in 3Q and 3) limited EPS upside, we believe the risk/reward opportunity has closed and downgrade the shares from Outperform to Neutral."

Stillwater Mining Company closed at $14.16 on Wednesday.

Latest Ratings for SWC

DateFirmActionFromTo
Dec 2014Bank of AmericaInitiates Coverage onBuy
Oct 2014Goldman SachsInitiates Coverage onNeutral
Aug 2014JP MorganMaintainsOverweight

View More Analyst Ratings for SWC
View the Latest Analyst Ratings

Posted-In: Credit SuisseAnalyst Color Downgrades Pre-Market Outlook Analyst Ratings

 

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