Stifel Maintains Buy on Tenaris, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on Tenaris (NYSE:TS) but lowers the price target from $42 to $37.
August 06, 2024 | 11:33 am
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NEUTRAL IMPACT
Stifel analyst Stephen Gengaro maintains a Buy rating on Tenaris but lowers the price target from $42 to $37.
The Buy rating suggests continued confidence in Tenaris' performance, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100