UPDATE: Sterne Agee Lowers PT on CARBO Ceramics on Near-Term Uncertainty

by Benzinga Staff
June 27, 2013 8:05 AM | 19 seconds read | Make a Comment

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In a report published Thursday, Sterne Agee analyst Stephen D. Gengaro lowered the price target on

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CARBO Ceramics (NYSE: CRR) from $80 to $73 and maintained a Neutral rating. In the report, Sterne Agee stated, "We believe near-term uncertainty in Mexico as well as ongoing headwinds from imports will continue to weigh on earnings performance." CARBO Ceramics closed on Wednesday at $65.64.
Posted In: Analyst ColorPrice TargetAnalyst RatingsStephen D. GengaroSterne Agee

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