Citigroup Maintains Buy Rating for Ecovyst: Here's What You Need To Know

Citigroup has decided to maintain its Buy rating of Ecovyst ECVT and lower its price target from $12.00 to $11.50.

Shares of Ecovyst are trading up 0.0% over the last 24 hours, at $9.12 per share.

A move to $11.50 would account for a 26.1% increase from the current share price.

About Ecovyst

Ecovyst Inc is a integrated and global provider of materials, specialty catalysts and services. Its products contribute to lower emissions and cleaner air, higher fuel efficiency and cleaner fuels, and key enablers to advance transition to clean energy. The company has two reporting segments: (1) Ecoservices and (2) Advanced Materials & Catalysts. Ecoservices provides sulfuric acid recycling to the North American refining industry for the production of alkylate and provides on-purpose virgin sulfuric acid for water treatment, mining, and industrial applications. Maximum revenue is generated from Ecoservices segment.

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