Seaport Research analyst Michael Harrison upgraded Minerals Technologies to Buy from Neutral with a $90 price target following what the firm calls a “solid finish to 2023.” Following the end-of-year report, the firm sees a strong combination of improving mix, cost discipline, and operating efficiency, as well as confidence around volume growth that should contribute to operating leverage, the analyst tells investors.
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Read More on MTX:
- Minerals Technologies Reports Fourth Quarter 2023 Earnings Per Share of $1.22, or $1.28 Excluding Special Items, a Record for Current Quarter
- Minerals Technologies reports Q4 adjusted EPS $1.28, consensus $1.25
- MTX Earnings this Week: How Will it Perform?
- Minerals Technologies Declares Quarterly Dividend Payout
- Minerals Technologies Declares Quarterly Dividend
