TD Cowen analyst Jason Gabelman lowered the firm’s price target on Calumet Specialty Products (CLMT) to $26 from $27 and keeps a Buy rating on the shares. The firm said the company reiterated confidence in receiving DOE loan funds and guidance on use of funds and it does not see a need for equity issuance.
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Read More on CLMT:
- Calumet Reports Q3 2024 Earnings Amid Strategic Shifts
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