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Stock Market & Financial Investment News

News Breaks
December 10, 2012
06:10 EDTGTIGrafTech downgraded to Hold from Buy at Jefferies
Jefferies downgraded GrafTech after its channel checks indicated weaker than expected graphite electrodes/needle coke prices. The firm expects the company's earnings to fall year-over-year in 2013 and lowered its price target for shares to $9 from $15.
News For GTI From The Last 14 Days
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October 9, 2014
07:54 EDTGTIGrafTech valuation offers 'exceptional' opportunity, says Jefferies
Jefferies believes current valuation levels offer an "exceptional" buying opportunity into shares of GrafTech. The firm lowered its price target for shares to $11 from $13.50 to account for the company's guidance cut, but points out its channel checks indicate the electrode market has bottomed. Jefferies sees "considerable" upside as the market improves and keeps a Buy rating on GrafTech.

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