tiprankstipranks
Trending News
More News >

Tenaris price target raised to EUR 21 from EUR 20 at TD Cowen

TD Cowen analyst Marc Bianchi raised the firm’s price target on Tenaris (TS) to EUR 21 from EUR 20 and keeps a Buy rating on the shares. The firm again lowered global oilfield services activity assumptions for 2025 and beyond, saying market data and industry commentary “continues to erode.” The group continues to be challenged by downward revisions, particularly for shorter cycle businesses, the analyst tells investors in a research note. That said, TD sees stock valuations as broadly attractive.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue