Stifel analyst Ian Gillies raised the firm’s price target on Algoma Steel (ASTL) to C$11.50 from C$10.75 and keeps a Buy rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASTL:
- Berkshire to acquire OxyChem, OpenAI reaches $500B valuation: Morning Buzz
- Algoma Steel price target lowered to C$6 from C$8 at RBC Capital
- Algoma Steel Announces Q3 Guidance and Board Changes
- Algoma Steel sees Q3 adjusted EBITDA (C$90M)-(C$80M)
- Algoma Steel price target lowered to C$10.75 from C$13 at Stifel