Analyst Actions: Stillwater Mining Downgraded To Neutral at Credit Suisse; Shares Drop 5%

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Stillwater Mining Company ( SWC ) has been downgraded to Neutral from Outperform by analysts at Credit Suisse.

"Given the combination of significant share outperformance since South African supply issues escalated last August, the potential for negative headline risk when the company releases its Marathon engineering study in 3Q, and limited EPS upside," said Credit Suisse, "we believe the risk/reward opportunity has closed and downgrade the shares from Outperform to Neutral."

Shares of SWC are down 5% to $13.44, amid a 52-week range of $7.47 - $15.24.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: SWC

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