TD Cowen analyst Marc Bianchi raised the firm’s price target on Tenaris (TS) to $59 from $48 and keeps a Buy rating on the shares. The firm said the company outperformed the OIH by 750bps as next quarter was guided ahead for the first time since 4Q23; considering track record of upside to guidance, the market likely expects a beat.
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Read More on TS:
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