NEW YORK (TheStreet) -- Jefferies decreased its price target on Cabot (CBT - Get Report) to $64 from $68, decreased its estimates and set a "buy" rating. The firm noted weakness in Purification Solutions.
The stock closed at $52.87 on Friday.
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Separately, TheStreet Ratings team rates CABOT CORP as a "buy" with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate CABOT CORP (CBT) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
You can view the full analysis from the report here: CBT Ratings ReportCBT data by YCharts