VNTR - Venator downgraded to Hold at Deutsche Bank on slowing demand

Venator Materials ( NYSE: VNTR ) on Thursday was downgraded to Hold from an investment rating of Buy by analysts at Deutsche Bank. They said the maker of chemicals and color pigments faces lower demand for products such as titanium dioxide.

"With many of these issues expected to persist through '23 as the company undertakes a strategic review of its business, we believe the path forward to realize the 'deep value' in Venator ( VNTR ) shares is, in our view, unclear," David Begleiter, analyst at Deutsche Bank, said in a February 23 report.

More to come....

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