Goldman Sachs Lifts Price Target On Tenaris SA (TS) to $54
More News related to TS
- Last Day to Vote for the Best IR Program and Best IR Officer
- Last Days to Vote for Companies in the 2010 IR Global Rankings
- Goldman Sachs Lifts Price Target On Tenaris SA (TS) to $54
- Natixis Bleichroeder Downgrades Tenaris S.A. (TS) to Reduce
- Trading Radar for 11/05: Starbucks (SBUX), CBS Corp. (CBS), CVS (CVS), Toyota (TM), Thomson Reuters (TRI)
More News related to Analyst Comments
- Morgan Stanley Says Buy Commodities on Recent Dip
- JPMorgan Close to Upgrading UAL, AMR, US Airways; Raises Estimates on UAL Following Traffic Results (UAUA, AMR, LCC, more)
- S&P Revises Credit Outlooks On BofA (BAC) and Citi (C) to Negative, Saying No More Free Govenment Handouts
- S&P Revises Outlook on Citigroup (C) from Stable to Negative
- Wedbush Maintains an 'Outperform' on Electronic Arts (ERTS); Lowers PT & Estimates
Goldman Sachs reiterated their Conviction Buy List rating on Tenaris SA (NYSE: TS) and raised their 6-month price target from $50 to $54, implying 34% upside.
The firm said, "We think that TS' leverage to global OCTG makes it the key winner of several secular themes such as the growth in international drilling and deepwater activity. At the same time, TS is in a "sweet spot" cyclically with exposure to an industrial rebound in Europe and also a recovery in N.A. rig count..."
Related Categories
Analyst CommentsStocks Mentioned
+1.89Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
