JP Morgan Maintains Overweight on Ternium, Raises Price Target to $52.5
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Rodolfo Angele maintains an Overweight rating on Ternium (NYSE:TX) and raises the price target from $49.5 to $52.5.
June 30, 2023 | 2:46 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Ternium and raises the price target from $49.5 to $52.5, indicating a positive outlook for the stock.
The raised price target by JP Morgan indicates a positive outlook for Ternium. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100