B of A Securities Upgrades Ternium to Buy, Announces $47 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Caio Ribeiro upgraded Ternium (NYSE:TX) from Neutral to Buy and set a price target of $47.
November 20, 2023 | 12:05 pm
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Ternium was upgraded by B of A Securities from Neutral to Buy with a new price target of $47.
Upgrades by analysts, especially from neutral to buy, can lead to increased investor confidence and potential stock price appreciation. The new price target of $47 suggests a positive outlook for Ternium's stock value in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100