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HAYNES INTL INC (HAYN) [hlAlert]

Rating:
Buy HAYN
down 17.67 %

HAYNES INTL INC (HAYN) rated Buy with price target $56 by BofA/Merrill

Posted on: Tuesday,  Oct 1, 2013  9:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy HAYNES INTL INC (NASDAQ: HAYN) on 10/01/2013, when the stock price was $46.61. Since
then, HAYNES INTL INC has lost 17.68% as of 09/29/2015's recent price of $38.37.
If you would have followed this BofA/Merrill's recommendation on HAYN, you would have lost 17.67% of your investment in 728 days.

Haynes International, Inc. (Haynes) is a producer of nickel- and cobalt-based alloys in sheet, coil and plate forms. It is focused on developing, manufacturing, marketing and distributing alloys, which are used in the aerospace, chemical processing and land-based gas turbine industries. Its products consist of high-temperature resistant alloys (HTA) products and corrosion resistant alloys (CRA) products. HTA products are used by manufacturers of equipment that is subjected to extremely high temperatures, such as jet engines for the aerospace market, gas turbine engines used for power generation and waste incineration, and industrial heating equipment. CRA products are used in applications that require resistance to corrosive media found in chemical processing, power plant emissions control and hazardous waste treatment. Company also produces its products as seamless and welded tubulars, and in slab, bar, billet and wire forms.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/1/2013 9:25 AM Buy
None
46.61 56.00
as of 12/13/2013
1 Week down  -4.32 %
1 Month up  0.85 %
3 Months up  11.13 %
1 YTD up  11.13 %

(*) Stock Price at the time of the recommendation.
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