Wells Fargo analyst Timna Tanners raised the firm’s price target on Constellium (CSTM) to $35 from $29 and keeps an Overweight rating on the shares. The firm says that heading into Q1 results it is more positive steel and aluminum, and more selective on copper.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSTM:
- Constellium price target raised to $32 from $30 at BMO Capital
- Constellium price target raised to $29 from $28 at Deutsche Bank
- Constellium added to Q2 Tactical Ideas List at Wells Fargo
- Constellium Launches New $300 Million Share Repurchase Program
- Constellium announces $300M share repurchase program