UPDATE: Nomura/Instinet Downgrades Oiln (OLN) to Reduce

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January 30, 2019 4:11 AM EST
Get Alerts OLN Hot Sheet
Price: $19.10 +0.21%

Rating Summary:
    11 Buy, 17 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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(Updated - January 30, 2019 4:11 AM EST)

(updated to correct current rating)

Nomura/Instinet analyst Aleksey Yefremov downgraded Oiln (NYSE: OLN) from Neutral to Reduce with a price target of $22.00 (from $23.00).

The analyst sees downside risk to earning driving by caustic soda concerns and risks in epoxy earnings in 2019 following strong supply/demand fundamentals in 2018.

For an analyst ratings summary and ratings history on Oiln click here. For more ratings news on Oiln click here.

Shares of Oiln closed at $23.90 yesterday.


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