Scotiabank lowered the firm’s price target on Ternium (TX) to $40 from $41 and keeps an Outperform rating on the shares. The firm believes the outlook for global steel demand continues to deteriorate and investments appear delayed due to lack of clarity on future trade policies, the analyst tells investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TX:
- Ternium initiated with an Underweight at Wells Fargo
- Ternium Reports Mixed Q2 2025 Earnings Amid Market Challenges
- Ternium’s Earnings Call: Mixed Sentiments and Strategic Focus
- Ternium S.A. Releases Mid-Year Financial Results Amid Market Challenges
- Ternium S.A. Reports Strong Mining Shipments in Q2 2025