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Tenaris S.A. (TS) PT Lowered to $35 at JPMorgan
August 2, 2024 5:17 AM EDTJPMorgan 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
