Seaport Global Initiates Coverage On Schnitzer Steel with Neutral Rating
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Martin Englert has initiated coverage on Schnitzer Steel with a Neutral rating. The company is incorrectly referred to by the NASDAQ ticker RDUS, which actually belongs to Radius Health, Inc.
December 14, 2023 | 1:02 pm
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NEUTRAL IMPACT
Radius Health, Inc. (RDUS) was incorrectly mentioned in relation to Schnitzer Steel's analyst coverage. This error is not expected to impact RDUS's stock price.
The incorrect mention of RDUS in the context of Schnitzer Steel's analyst coverage is likely a clerical error and should not have any material impact on Radius Health's stock price.
CONFIDENCE 95
IMPORTANCE 10
RELEVANCE 10
NEUTRAL IMPACT
Seaport Global analyst Martin Englert has initiated coverage on Schnitzer Steel with a Neutral rating, which may not have a significant impact on the stock price in the short term.
Neutral ratings often suggest that the analyst believes the stock is fairly valued at its current price, implying no significant movement is expected. However, the initiation of coverage itself can sometimes generate investor interest.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100