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Citi lowers CSW Industrials target, opens ‘negative catalyst watch’

Citi lowered the firm’s price target on CSW Industrials (CSW) to $261 from $269 and keeps a Neutral rating on the shares. The firm also added a “90-day negative catalyst watch” on CSW. The firm sees downside risk to the company’s near-term organic due to softening trends in residential and mixed trends in industrial end markets.

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