Goldman Sachs Reiterates Bullish View on Ternium (TX) After Investor Day
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Price: $55.45 +2.29%
Rating Summary:
10 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
10 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs reiterated their Buy rating and $29 price target on Ternium S.A. (NYSE: TX) following the "well-attended" investor day.
The firm said details on potential steel project investment in Brazil and preliminary guidance on Usiminas' turnaround potential were marginally positive for the stock.
Following the presentation, the firm expects a lessening of the overhang on the stock.
For an analyst ratings summary and ratings history on Ternium S.A. click here. For more ratings news on Ternium S.A. click here.
Shares of Ternium S.A. closed at $24.28 yesterday.
The firm said details on potential steel project investment in Brazil and preliminary guidance on Usiminas' turnaround potential were marginally positive for the stock.
Following the presentation, the firm expects a lessening of the overhang on the stock.
For an analyst ratings summary and ratings history on Ternium S.A. click here. For more ratings news on Ternium S.A. click here.
Shares of Ternium S.A. closed at $24.28 yesterday.
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