Trinseo Gets A Downgrade But That Doesn’t Stop It From Advancing

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ValueWalk

Morgan Stanley lowered the price target on chemical and plastics maker Trinseo.Trinseo has a market cap of just $670 million.It’s still in its relative infancy as a public company, having IPO’d in 2014, after being formed via spinoffs of four business units from Dow.Trinseo is tracked in the S&P 600 small-cap index.You’re probably not alone if you’ve never heard of Trinseo (NYSE:TSE), a small, Pennslyvania-based maker of synthetic rubber, latex and plastic products sold to manufacturers. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been ve…

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