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Quaker Chemical (KWR) Plunges 4.55% on Piper Sandler Downgrade
Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 8, 2025 8:46 pm ET1min read
Quaker Chemical (KWR) shares plummeted 4.55% today, marking the fourth consecutive day of decline, with a total drop of 21.79% over the past four days. The stock price hit its lowest level since August 2016, experiencing an intraday decline of 5.88%.
On April 8, 2025,
reduced the price target for Quaker Houghton (KWR) from $140 to $120. This adjustment contributed to a 3.2% decline in Quaker Chemical's stock price, reflecting investor concerns over the company's future prospects. The downgrade by Piper Sandler is likely a response to recent market conditions and the company's performance, which has raised questions about its ability to maintain its previous growth trajectory.
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