Zacks Investment Research downgraded shares of NEWMARKET CORP (NEU) from OUTPERFORM to NEUTRAL on June 27, 2012, with a target price of $229.60.
NewMarket Corporation through its subsidiaries, Afton Chemical Corporation and Ethyl Corporation, develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products. From custom-formulated chemical blends to market-general additive components, the NewMarket family of companies provides the world with the technology to make fuels burn cleaner, engines run smoother and machines last longer.
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