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Constellium price target raised to $30 from $25 at BMO Capital

BMO Capital analyst Katja Jancic raised the firm’s price target on Constellium (CSTM) to $30 from $25 and keeps an Outperform rating on the shares after its Q4 earnings beat. Increasing free cash flow generation should support deleveraging and continued share repurchases for the company, the analyst tells investors in a research note.

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