RBC Capital lowered the firm’s price target on Quaker Houghton (KWR) to $180 from $195 and keeps an Outperform rating on the shares after its Q3 earnings miss. The company saw some volume headwinds and lower price from cost pass-through in Q3, though the buyside expectations were likely lower given headwinds in Auto and Aerospace strikes, the analyst tells investors in a research note.
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Read More on KWR:
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