Tecnoglass (TGLS) has disclosed a new risk, in the Litigation & Legal Liabilities category.
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Tecnoglass faces potential financial repercussions from a trade investigation initiated by U.S. authorities regarding Colombian aluminum extrusions. The inquiry, spurred by a petition from U.S. aluminum producers, could lead to the imposition of anti-dumping duties on Tecnoglass’s products. Although the International Trade Commission ultimately found no harm to American producers and lifted the duties, the possibility of such measures in the future poses a risk to Tecnoglass’s operational results.
The average TGLS stock price target is $96.00, implying 30.33% upside potential.
To learn more about Tecnoglass’ risk factors, click here.