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Kraton Polymers (KRA -11.6%) is downgraded to Neutral by Macquarie, which cites a choppy product...
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Wednesday, October 3, 2012, 2:10 PM ETKraton Polymers (KRA -11.6%) is downgraded to Neutral by Macquarie, which cites a choppy product demand setting and a near-term stalling of per-unit profits. The firm says estimates are missing the volume collapse that tends to accompany a 40% Q/Q decline in prices for butadiene, KRA's principal raw material, as product buyers await lower prices.
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