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Fly News Breaks for February 23, 2016
TS
Feb 23, 2016 | 17:39 EDT
Morgan Stanley analyst Ole Slorer downgraded Tenaris to Equal Weight from Overweight, as he believes the company's consensus estimates are too high and sees a risk of a dividend cut when the company reports earnings on Wednesday.
News For TS From the Last 2 Days
TS
Apr 18, 2024 | 05:18 EDT
Morgan Stanley downgraded Tenaris to Underweight from Overweight with a $40 price target. The firm says the stock screens less favorably versus its global peers on key drivers. Shareholder returns upside represents a less meaningful catalyst at this point relative to the last 12 months, the analyst tells investors in a research note.
