Koppers Holdings (KOP -5.7%) trades lower after First Analysis cuts it to equalweight, citing...

|About: Koppers Holdings Inc. (KOP)|By:, SA News Editor

Koppers Holdings (KOP -5.7%) trades lower after First Analysis cuts it to equalweight, citing concerns about the company's shift in its pitch business to the Middle East from North America. The firm also says greater long-term challenges are expected from raw material supply and consolidation of the railroad tie industry.