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TS

Tenaris

$36.42

-0.22 (-0.60%)

, VLOUF

Vallourec

$0.00

(0.00%)

07:55
06/14/18
06/14
07:55
06/14/18
07:55

Tenaris initiated with a Buy at BTIG

BTIG analyst Igor Levi initiated Tenaris (TS) with a Buy rating and a price target of $50 as part of his broader research note on the oilfield service sector amid a tightening oil macro picture. The analyst contends that Tenaris is the most attractive way to play the trend of higher U.S. mill utilization rates - which he expects to rise to "unprecedented" levels of over 90% by year-end - as a result of the recent import quotas. Levi also sees "meaningful upside" for Vallourec (VLOUF), but warns about its higher risk profile.

TS

Tenaris

$36.42

-0.22 (-0.60%)

VLOUF

Vallourec

$0.00

(0.00%)

TS Tenaris
$36.42

-0.22 (-0.60%)

03/22/18
LOOP
03/22/18
NO CHANGE
Target $43
LOOP
Buy
Tenaris price target raised to $43 from $39 at Loop Capital
Loop Capital analyst Stephen Gengaro raised his price target on Tenaris to $43 and kept his Buy rating. Gengaro cites 4 factors in the company's drive toward U.S. profitability - 25% steel/aluminum tariff approved by President Trump, growth of demand through "nonconventional activity", increased output from Bay City facility, and the final ruling on the Korean antidumping case expected next month.
04/11/18
SBSH
04/11/18
UPGRADE
Target $43
SBSH
Buy
Tenaris upgraded to Buy from Neutral at Citi
Citi analyst Pedro Medeiros upgraded Tenaris to Buy and raised his price target for the shares to $43 from $31.50.
04/27/18
SOCO
04/27/18
UPGRADE
SOCO
Overweight
Tenaris upgraded to Overweight from Equalweight at Capital One
05/08/18
LEHM
05/08/18
NO CHANGE
Target $46
LEHM
Overweight
Tenaris named top pick in Oilfield Services at Barclays
Barclays analyst J. David Anderson named Tenaris his top pick in U.S. Oilfield Services saying the company is underappreciated and "continues to play out as an accelerating earnings story." Tenaris received an unexpected boost from the Section 232 investigation and subsequent tariff negotiations, Anderson tells investors in a research note. He keeps an Overweight rating on the shares with a $46 price target.
VLOUF Vallourec
$0.00

(0.00%)

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