Jefferies Downgrades GrafTech International To Hold

Analysts at Jefferies downgraded GrafTech International Ltd GTI from Buy to Hold. The price target for GrafTech International has been lowered from $7.50 to $5.05. GrafTech International shares have dropped 55.60 percent over the past 52 weeks, while the S&P 500 index has surged 10.86 percent in the same period. GrafTech International shares rose 11.78 percent to close at $4.84 yesterday.