Daqo New Energy Corp. (DQ) Is At $68.28 Formed Wedge; 7 Analysts Covering Cabot (CBT)

Among 9 analysts covering Cabot (NYSE:CBT), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Cabot had 22 analyst reports since August 13, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, November 11 by Deutsche Bank. The firm has “Hold” rating by Deutsche Bank given on Friday, August 12. The stock has “Buy” rating by J.P. Morgan on Tuesday, August 15. Jefferies maintained the shares of CBT in report on Thursday, June 8 with “Buy” rating. Jefferies maintained the shares of CBT in report on Tuesday, October 10 with “Buy” rating. The rating was upgraded by Suntrust Robinson on Tuesday, December 19 to “Buy”. On Monday, April 11 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. The firm has “Neutral” rating by SunTrust given on Tuesday, August 2. The company was maintained on Monday, August 14 by Jefferies. The firm has “Buy” rating given on Friday, January 5 by Loop Capital. See Cabot Corporation (NYSE:CBT) latest ratings:

05/01/2018 Broker: Loop Capital Old Rating: Hold New Rating: Buy Old Target: $59 New Target: $82 Upgrade
19/12/2017 Broker: Suntrust Robinson Old Rating: Hold New Rating: Buy Upgrade
19/12/2017 Broker: SunTrust Old Rating: Hold New Rating: Buy Upgrade
02/11/2017 Broker: Jefferies Rating: Buy New Target: $74.0 Maintain
31/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
10/10/2017 Broker: Jefferies Rating: Buy New Target: $68.0 Maintain
29/09/2017 Broker: Loop Capital Rating: Hold New Target: $59 Initiates Coverage On
06/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
14/08/2017 Broker: Jefferies Rating: Buy New Target: $68.0 Maintain
15/08/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade

Daqo New Energy Corp. (DQ) formed wedge up with $74.43 target or 9.00% above today’s $68.28 share price. Daqo New Energy Corp. (DQ) has $718.24M valuation. The stock increased 6.69% or $4.28 during the last trading session, reaching $68.28. About 247,586 shares traded. Daqo New Energy Corp. (NYSE:DQ) has declined 5.57% since January 12, 2017 and is downtrending. It has underperformed by 22.27% the S&P500.

The stock increased 1.07% or $0.71 during the last trading session, reaching $67.11. About 117,737 shares traded. Cabot Corporation (NYSE:CBT) has risen 15.44% since January 12, 2017 and is uptrending. It has underperformed by 1.26% the S&P500.

Cabot Corporation operates as a specialty chemicals and performance materials company. The company has market cap of $4.16 billion. The firm offers carbon black, a form of elemental carbon used to enhance the physical properties of the systems and applications in which it is incorporated; and rubber blacks for use as a rubber reinforcing agent and performance additive in tires, hoses, belts, extruded profiles, and molded goods. It has a 17.66 P/E ratio. It also provides compounds of carbon black and rubber primarily for tire applications; and cesium formate, a drilling and completion fluid for use in high pressure and high temperature gas and oil well construction.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.26, from 1.25 in 2017Q2. It dropped, as 24 investors sold Cabot Corporation shares while 89 reduced holdings. 32 funds opened positions while 80 raised stakes. 51.85 million shares or 0.30% more from 51.70 million shares in 2017Q2 were reported. D E Shaw &, New York-based fund reported 75,489 shares. Renaissance Techs Lc reported 0.01% in Cabot Corporation (NYSE:CBT). 6,468 are held by First Citizens Bancorp &. Jacobs Levy Equity has invested 0.05% in Cabot Corporation (NYSE:CBT). Cwm Ltd holds 303 shares. 23,698 were reported by Breton Hill Limited. Mutual Of America Capital Mngmt Limited Liability Company has 50,003 shares for 0.05% of their portfolio. Deutsche Financial Bank Ag holds 191,780 shares. Loring Wolcott Coolidge Fiduciary Ltd Liability Partnership Ma holds 377,415 shares or 0.41% of its portfolio. Systematic Fincl Mngmt Lp holds 0.03% in Cabot Corporation (NYSE:CBT) or 29,050 shares. Meeder Asset Mngmt has invested 0.01% in Cabot Corporation (NYSE:CBT). Cadence Cap Mngmt Ltd Liability Corporation stated it has 7,466 shares. Motco invested in 0% or 37 shares. Foundry Prtnrs Limited Liability Company reported 203,787 shares. Sg Americas Secs Ltd Liability Co reported 0.01% in Cabot Corporation (NYSE:CBT).

Since September 14, 2017, it had 0 insider buys, and 1 sale for $207,207 activity. $207,207 worth of stock was sold by Kalkstein Hobart on Thursday, September 14.

Among 3 analysts covering Daqo New Energy (NYSE:DQ), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Daqo New Energy has $65.0 highest and $17.10 lowest target. $39.70’s average target is -41.86% below currents $68.28 stock price. Daqo New Energy had 13 analyst reports since August 12, 2015 according to SRatingsIntel. Roth Capital maintained Daqo New Energy Corp. (NYSE:DQ) on Monday, October 16 with “Buy” rating. Roth Capital maintained the stock with “Buy” rating in Friday, July 14 report. The stock of Daqo New Energy Corp. (NYSE:DQ) earned “Buy” rating by Roth Capital on Sunday, August 13. The stock of Daqo New Energy Corp. (NYSE:DQ) has “Buy” rating given on Monday, June 26 by Roth Capital. Roth Capital maintained it with “Buy” rating and $50.0 target in Thursday, November 16 report. The stock of Daqo New Energy Corp. (NYSE:DQ) has “Buy” rating given on Friday, May 26 by Roth Capital. The company was maintained on Friday, November 3 by Roth Capital. The company was downgraded on Tuesday, November 10 by Morgan Stanley. Roth Capital maintained Daqo New Energy Corp. (NYSE:DQ) rating on Monday, December 4. Roth Capital has “Buy” rating and $65.0 target. The firm earned “Buy” rating on Monday, June 5 by Roth Capital.