Stifel lowered the firm’s price target on Algoma Steel (ASTL) to C$15.25 from C$21 and keeps a Buy rating on the shares.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASTL:
- Algoma Steel Group’s Earnings and Strategic Focus
- Algoma Steel Faces Challenges, Eyes Opportunities
- Algoma Steel Reports 2024 Financial Results and Reaffirms EAF Project Outlook
- Algoma Steel reports Q4 EPS (C$0.61) vs. (C$0.78) last year
- Algoma Steel options imply 7.4% move in share price post-earnings