Deutsche Bank Downgrades Constellium to Hold, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Corinne Blanchard has downgraded Constellium (NYSE:CSTM) from Buy to Hold and reduced the price target from $22 to $12.

October 24, 2024 | 12:21 pm
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Deutsche Bank has downgraded Constellium from Buy to Hold, significantly lowering the price target from $22 to $12, indicating a less optimistic outlook.
The downgrade from Buy to Hold by Deutsche Bank suggests a less favorable view on Constellium's future performance. The significant reduction in the price target from $22 to $12 indicates a potential decrease in stock value, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100