Is there a Bearish outlook for Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) this week?

November 14, 2017 - By Henry Gaston

 Is there a Bearish outlook for Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) this week?
Investors sentiment increased to 1.55 in Q2 2017. Its up 1.02, from 0.53 in 2017Q1. It increased, as 6 investors sold Calumet Specialty Products Partners, L.P shares while 14 reduced holdings. 9 funds opened positions while 22 raised stakes. 6.32 million shares or 8.38% less from 6.90 million shares in 2017Q1 were reported.
Centers Of America holds 23,984 shares. Deutsche Savings Bank Ag, a Germany-based fund reported 104,450 shares. Credit Suisse Ag reported 15,847 shares stake. Jpmorgan Chase And has 36,000 shares for 0% of their portfolio. Ameriprise Financial owns 0% invested in Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) for 23,054 shares. Howe & Rusling Inc has 40 shares. Moreover, Barnett has 0.14% invested in Calumet Specialty Products Partners, L.P (NASDAQ:CLMT). Lpl Financial Ltd Liability holds 101,121 shares or 0% of its portfolio. Geode Capital Management Limited Liability Corporation invested 0% of its portfolio in Calumet Specialty Products Partners, L.P (NASDAQ:CLMT). The New York-based Silvercrest Asset Grp Limited Liability has invested 0% in Calumet Specialty Products Partners, L.P (NASDAQ:CLMT). Alliancebernstein Ltd Partnership accumulated 17,281 shares. Commonwealth Equity Svcs holds 20,317 shares. Guggenheim Cap Limited Co invested 0% of its portfolio in Calumet Specialty Products Partners, L.P (NASDAQ:CLMT). Barclays Public Limited Company holds 0% of its portfolio in Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) for 109,518 shares. Fifth Third Commercial Bank has invested 0% in Calumet Specialty Products Partners, L.P (NASDAQ:CLMT).

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) Ratings Coverage

Among 10 analysts covering Calumet Specialty Products Partners LP (NASDAQ:CLMT), 2 have Buy rating, 3 Sell and 5 Hold. Therefore 20% are positive. Calumet Specialty Products Partners LP had 30 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by Credit Suisse on Friday, November 4 to “Neutral”. The firm earned “Hold” rating on Tuesday, September 5 by Wells Fargo. DA Davidson initiated Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) rating on Monday, November 16. DA Davidson has “Buy” rating and $34 target. As per Thursday, February 18, the company rating was maintained by Cowen & Co. The firm earned “Sector Perform” rating on Monday, April 18 by RBC Capital Markets. On Friday, May 6 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) has “Hold” rating given on Tuesday, October 17 by Cowen & Co. The rating was initiated by FBR Capital with “Mkt Perform” on Friday, September 9. The stock of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) has “Hold” rating given on Thursday, July 13 by Cowen & Co. The stock of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) earned “Outperform” rating by RBC Capital Markets on Monday, November 16. Below is a list of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) latest ratings and price target changes.

17/10/2017 Broker: Cowen & Co Rating: Hold New Target: $5.0 Maintain
02/10/2017 Broker: Wells Fargo Rating: Outperform Old Target: $7 New Target: $10 Maintain
05/09/2017 Broker: Wells Fargo Rating: Hold Downgrade
05/09/2017 Broker: Janney Capital Old Rating: Buy New Rating: Neutral Downgrade
14/08/2017 Broker: Cowen & Co Rating: Hold New Target: $5.0 Maintain
14/08/2017 Broker: Janney Capital Old Rating: Neutral New Rating: Buy Upgrade
13/07/2017 Broker: Cowen & Co Rating: Hold New Target: $5.0000 Maintain

About 145,315 shares traded. Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) has risen 20.88% since November 14, 2016 and is uptrending. It has outperformed by 4.18% the S&P500.

Calumet Specialty Products Partners, L.P. is a producer of specialty hydrocarbon products in North America. The company has market cap of $615.07 million. The Firm operates through three divisions: specialty products, fuel products and oilfield services. It currently has negative earnings. In its specialty products segment, the Company processes crude oil and other feedstocks into a range of customized lubricating oils, white mineral oils, solvents, petrolatums and waxes.

More notable recent Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) news were published by: Prnewswire.com which released: “Calumet Specialty Products Partners, LP Announces Agreement to Sell Superior …” on August 14, 2017, also Fool.com with their article: “Putting the emphasis back on specialty products” published on September 12, 2017, Fool.com published: “Better Buy: Calumet Specialty Products Partners LP vs. Delek US Holdings, Inc.” on October 03, 2017. More interesting news about Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) were released by: Fool.com and their article: “Better Buy: Calumet Specialty Products Partners LP vs. Ashland Global Holdings” published on October 26, 2017 as well as Seekingalpha.com‘s news article titled: “Calumet Specialty Products Partners – A Bust Or A Turnaround?” with publication date: February 28, 2017.

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