Schnitzer Steel (SCHN) Misses Q4 EPS by 40c

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Schnitzer Steel (SCHN) PT Lowered to $37 at Goldman Sachs

October 24, 2022 5:55 PM EDT

Goldman Sachs analyst Emily Chieng lowered the price target on Schnitzer Steel (NASDAQ: SCHN) to $37.00 (from $39.00) while maintaining a Buy rating.

"Lowering EPS on weaker near-term demand and disruptions to ferrous shipments, but longer-term outlook remains intact"... More