By: Benzinga
UPDATE: Jefferies Downgrades Texas Industries to Hold Following FQ2 Results
Jefferies downgraded on Texas Industries (NYSE: TXI ) from Buy to Hold and raised the price target from $52.00 to $57.00. Jefferies commented, "TXI's Q2-2013 results were better than we expected, as volumes exceeded our forecasts. We are therefore reducing our estimate of the loss at the EPS level in
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