Globe Specialty Metals (GSM -6.8%), a producer of silicon metal and other silicon-based alloys,...

|About: Globe Specialty Metals Inc. (GSM)|By:, SA News Editor

Globe Specialty Metals (GSM -6.8%), a producer of silicon metal and other silicon-based alloys, is cut to Neutral at B. Riley based on valuation, although the firm continues to like the long-term story. The firm says silicon metal prices remain lackluster, and estimates "would need to come down" if silicon metal prices don't improve in time to be reflected in contracts.