UPDATE: Jefferies Cuts PT to $44 on Cabot Corporation on Tempered Q2 Momentum
March 11, 2013 at 11:10 AM EDT
Jefferies maintained Cabot Corporation ((NYSE: CBT ) with a Buy rating and lowered the price target from $47.00 to $44.00. Jefferies noted, "With Cabot confirming a slow start to Q2 (widely expected, in our view), we believe the shares will likely be range-bound until we have a clearer view of