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Reasons Why You Should Avoid Betting on Barnes (B) Stock Now
BBarnes (B) Zacks Investment Research·2024-04-15 16:10

Barnes Group Inc. (B) has failed to impress investors with its recent operational performance on account of softness in the Industrial segment, rising operating costs and increasing debt level. These factors are likely to impede Barnes’ earnings in the quarters ahead.Let’s discuss the factors, which are likely to continue taking a toll on this current Zacks Rank #4 (Sell) company.Business Weakness: Weak motion control solutions and automation businesses have been adversely affecting the Industrial segment. ...