Tenaris SA (TS) Misses Q2 EPS by 68c, provides outlook

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Tenaris S.A. (TS) PT Lowered to $35 at JPMorgan

August 2, 2024 5:17 AM EDT

JPMorgan analyst Arun Jayaram lowered the price target on Tenaris S.A. (NYSE: TS) to $35.00 (from $43.00) while maintaining a Overweight rating.

The analyst comments "We lowered our 3Q24 EBITDA estimate to $565mm from $604mm and our 4Q24 estimate to $580mm from $704mm. Our full-year 2024 EBITDA is reset... More

CFRA Downgrades Tenaris S.A. (TEN:IM) (TS) to Hold

August 1, 2024 12:07 PM EDT

CFRA analyst Jeff Lye downgraded Tenaris S.A. (TEN:IM) (NYSE: TS) from Buy to Hold with a price target of EUR15.00 (from EUR21.00).

The analyst comments "We cut our target price for Tenaris to EUR15 (from EUR21), reflecting a... More