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Oppenheimer Cuts Price Target on Ferroglobe plc (GSM) to $12; Reiterates Outperform

Go back to Oppenheimer Cuts Price Target on Ferroglobe plc (GSM) to $12; Reiterates Outperform

Ferroglobe plc (GSM) Reports Q2 Loss of $0.05/Share

August 26, 2016 6:27 AM EDT

Ferroglobe plc (NASDAQ: GSM) reported Q2 EPS of ($0.05), versus ($0.01) reported last year. Revenue for the quarter came in at $398 million, versus $423.5 million reported last year.

For earnings history and earnings-related data on Ferroglobe plc (GSM) click here.

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UPDATE: B. Riley Downgrades Globe Specialty Metals (GSM) to Neutral

August 25, 2016 6:54 AM EDT

(Updated - August 25, 2016 6:56 AM EDT)

(Updated to indicate downgrade to Neutral from Buy)

B. Riley downgrades Globe Specialty Metals (NASDAQ: GSM) from Buy to Neutral with a price target of $10.25 (from $12.50).

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