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

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