Stifel lowered the firm’s price target on Algoma Steel (ASTL) to C$10.75 from C$13 and keeps a Buy rating on the shares.
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Read More on ASTL:
- Algoma Steel Secures C$500 Million Support Amid U.S. Tariffs
- Algoma Steel Stock (ASTL) Jumps 6% on News of $500 Million in Government Loans
- Algoma Steel secures C$500M liquidity support
- Algoma Steel adjusts production to better align with demand
- Algoma Steel Expands Credit Facility Amid Market Challenges
