Streetbeat News

Price Targets

PTVE

UBS analyst Curt Woodworth has initiated coverage on Pactiv Evergreen (NASDAQ:PTVE) with a Buy rating and set a price target of $19.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:30 pm

OI

UBS analyst Curt Woodworth has initiated coverage on O-I Glass (NYSE:OI) with a Buy rating and set a price target of $26 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:28 pm

NUE

UBS analyst Curt Woodworth has initiated coverage on Nucor (NYSE:NUE) with a Buy rating and set a price target of $210 for the stock.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:22 pm

METC

UBS analyst Curt Woodworth has initiated coverage on Ramaco Resources (NASDAQ:METC) with a Neutral rating and set a price target of $21.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:20 pm

KALU

UBS analyst Curt Woodworth has initiated coverage on Kaiser Aluminum (NASDAQ:KALU) with a Neutral rating and set a price target of $67.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:18 pm

HCC

UBS analyst Curt Woodworth has initiated coverage on Warrior Met Coal (NYSE:HCC) with a Neutral rating and set a price target of $68.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:17 pm

EAF

UBS analyst Curt Woodworth has initiated coverage on GrafTech International (NYSE:EAF) with a Neutral rating and set a price target of $2 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:14 pm

CSTM

UBS analyst Curt Woodworth has initiated coverage on Constellium (NYSE:CSTM) with a Buy rating and set a price target of $27.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:13 pm

NIO

NIO Inc (NYSE:NIO) shares hit new 52-week lows, continuing a downward trend with nearly 20% losses over the last month. The decline follows a repurchase right notification for its convertible senior notes due 2026 and downgrades from analysts, including Goldman Sachs' price target of $8.40 and BofA's downgrade to Neutral. Tesla's recent price cuts in China, which may increase competition, could also be contributing to selling pressure on NIO. The current average analyst price target for NIO is $27.34, with 11 positive and six neutral ratings.

Portfolio Pulse from Adam Eckert

January 16, 2024 | 4:12 pm

CMC

UBS analyst Cleve Rueckert has initiated coverage on Commercial Metals (NYSE:CMC) with a Buy rating and set a price target of $65.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:10 pm