Keybanc Maintains Overweight Rating for Materion: Here's What You Need To Know

Keybanc has decided to maintain its Overweight rating of Materion MTRN and lower its price target from $133.00 to $128.00.

Shares of Materion are trading up 0.0% over the last 24 hours, at $95.84 per share.

A move to $128.00 would account for a 33.56% increase from the current share price.

About Materion

Materion Corp is a producer of engineered materials based in the United States. The company produces materials used in electrical, electronic, thermal, and structural applications. The company operates in four reportable segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The majority of revenue is derived from Electronic Materials.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.