Kronos (NYSE:KRO) was downgraded today by Deutsche Bank (NYSE:DB) from buy to hold with a $23 price target, as higher feedstock ore costs could hurt earnings.
Shares are lower by about four tenths of a percent.
Weatherford (NYSE:WFT) today had its estimates reduced and price target cut to $25 by Morgan Stanley (NYSE:MS), as the company is experiencing increased accounting tax rates. An overweight rating was issued.
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