Deutsche Bank Maintains Buy on Constellium, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has maintained its Buy rating on Constellium (NYSE:CSTM) but has lowered the price target from $23 to $22.
October 03, 2024 | 11:20 am
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Deutsche Bank has maintained its Buy rating on Constellium but lowered the price target from $23 to $22, indicating a slight decrease in expected valuation.
The maintenance of a Buy rating suggests continued confidence in Constellium's performance, but the lowered price target indicates a slight reduction in expected future valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100