Grupo Santander assumed coverage of Tenaris with an Underperform rating and $35 price target. The analyst says the company is lacking visibility and catalysts.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TS:
- Brazilian Court Orders Tenaris to Pay an Indemnification in Connection with its Acquisition of a Participation in Usiminas in 2012
- Tenaris completes Third Tranche and commences Fourth Tranche of its USD1.2 Billion Share Buyback Program
- Tenaris Completes Significant Share Buyback
- Tenaris S.A. Continues Aggressive Share Buyback
- Tenaris Launches New $300M Share Buyback Tranche
Questions or Comments about the article? Write to editor@tipranks.com