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Shares of Solutia Inc. trading up over 5 percent

Post Time:Jun 04,2010Classify:Industry NewsView:109

Shares of SolutiaInc. [St. Louis] are up 5.18 percenttoday [June 3], getting a lift from DeutscheBank comments.

This morning, Deutsche Bank reinstated coverage on SOA with a Buy rating and $20 price target (vs. $18 prior). Deutsche analyst reported key takeaways from a recent meeting with SOA's CEO Jeff Quinn and CFO Jim Sullivan, according to a June 3 StreetInsider.com report.

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