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Timkensteel (TMST) Stock Tanks on Analyst Downgrade

2015-09-14 17:54:06| Industrial Machines - Topix.net

The move comes after the company lowered its third quarter EBITDA guidance to a loss between $30 million and $40 million. The firm also slashed the company's price target to $12 per share from $28 per share, a potential 9.5% decrease from the stock's current trading price.

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