Ferroglobe Reports Results for Third Quarter 2016
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Jefferies Raises price Target on Ferroglobe plc (GSM) to $14.50; Reiterates Buy
November 15, 2016 8:11 AM ESTJefferies reiterated a Buy rating on Ferroglobe plc (NASDAQ: GSM), and raised the price target to $14.50 (from $10.25), following the company's 3Q earnings report. Management increased its synergy target from $65M previously to $85M with $43M achieved YTD and $60M expected for 2016. Several inflationary... More
