|Over a quarter ago|
Posco downgraded to Neutral from Buy at Nomura Instinet » 14:4204/2404/24/20
Nomura Instinet analyst…
Nomura Instinet analyst Cindy Park downgraded Posco to Neutral from Buy and reduced her price target on the shares to KRW 195,000 from KRW 290,000. Park said the company posted better-than-expected Q1 results, though she expects a sequential earnings decline in Q2, weighed down by lower steel prices and volumes. The analyst added that Posco's shares are trading at a fair valuation.
Posco downgraded to Neutral from Buy at Nomura Instinet » 14:3304/2404/24/20
Nomura Instinet downgraded Posco to Neutral from Buy.
Posco downgraded to Equal Weight from Overweight at Morgan Stanley » 05:4704/0604/06/20
Morgan Stanley analyst…
Morgan Stanley analyst Ryan Kim downgraded Posco to Equal Weight from Overweight.
FuelCell plunges on bigger than expected loss, revenue miss » 14:1401/2201/22/20
Shares of FuelCell (FCEL)…
Posco upgraded to Buy from Neutral at Nomura Instinet » 09:3401/2201/22/20
Nomura Instinet upgraded…
Nomura Instinet upgraded Posco to Buy from Neutral.
Posco upgraded to Buy from Neutral at Goldman Sachs » 18:1301/0701/07/20
Goldman Sachs analyst…
Goldman Sachs analyst Jaewon Choi upgraded Posco to Buy from Neutral with a $59 price target. The analyst sees improving China steel demand combined with falling raw material prices, and forecasts Posco's steel spread rebounding, which will boost EPS growth in 2020.
POSCO explosion knocks out generator, injures five people, Reuters reports » 11:2112/2412/24/19
PKX, X, AKS, NUE
An explosion at…
An explosion at POSCO's steel mill in Gwangyang on Tuesday, damaged a generator facility and resulted in numerous injuries at the world's fifth-largest steelmaker, located in South Korea, reports Reuters. Other companies in the steel space include U.S. Steel (X), AK Steel (AKS) and Nucor (NUE). Reference Link