National Bank downgraded AirBoss of America to Sector Perform from Outperform with a price target of C$6, down from C$8.50. The analyst believes AirBoss faces “a few near-term pressures” that may require more time to abate than previously anticipated. Additionally, the firm noted that the UAW auto strike still presents a risk to AirBoss Engineered Products, or AEP, forecasts.
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