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After Trump's Announcement Of Steel, Aluminum Tariffs, The Sell-Side Reacts
Friday, March 9, 2018 - 2:52pm | 541President Donald Trump unveiled plans for steel and aluminum tariffs Thursday, and several Wall Street analysts weighed in on what the tariffs could mean for the market. Voices From The Street The tariffs are good news for steel and aluminum stocks, while the exemptions will ease...
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Constellium: As Manufacturer Deleverages, Cowen Finds More Positives
Monday, November 27, 2017 - 5:41pm | 353With Constellium NV (NYSE: CSTM)'s results for this year exceeding expectations and "helping to materially reduce leverage," Cowen is now shifting the focus to other positives at the aluminum company. The Analyst Cowen analyst Novid Rassouli upgraded shares of Constellium...
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15% Downside Seen In US Steel, Cowen Downgrades
Friday, September 22, 2017 - 11:39am | 373Analysts at Cowen turned bearish on United States Steel Corporation (NYSE: X) under the assumption that hot rolled coil steel prices are set to move lower. The firm's Novid Rassouli downgraded U.S. Steel's stock rating from Market Perform to Underperform with a price target lowered from $24 to $20...
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Time For U.S. Steel Bulls To Bend?
Wednesday, May 10, 2017 - 2:32pm | 419Analysts at Cowen are throwing in the towel on United States Steel Corporation (NYSE: X) due to a lack of earnings visibility following its earnings report last week. Cowen's Novid Rassouli downgraded U.S. Steel's stock from Outperform to Market Perform with a price target slashed from $60...