BMO Capital Maintains Outperform on Constellium, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Katja Jancic has maintained an Outperform rating on Constellium (NYSE:CSTM) and increased the price target from $22 to $25.
December 04, 2023 | 1:43 pm
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BMO Capital analyst Katja Jancic reaffirmed an Outperform rating on Constellium and raised the price target to $25, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a bullish view on the stock, suggesting that the analyst expects the stock to perform well in the near term. Investors often view such updates as a positive sign and may increase their buying activity, potentially driving the stock price up.
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IMPORTANCE 80
RELEVANCE 100