January 31, 2013 at 10:44 AM EST
Mechel OAO (MTL) up on target cuts
Normal 0 false false false MicrosoftInternetExplorer4 Mechel OAO (ADR) (NYSE: MTL) edged higher 0.3% to $6.51. Most analysts lowered target prices for the company on concern over debt and falling commodities. Alfa Bank cut its target for Mechel ADRs by 30% and Goldman Sachs Group Inc restated sell rating. Share volume was 19,000, compared to an all-day average of 421,000 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}
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