Ferroglobe Reports Results for Third Quarter 2017
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Globe Specialty Metals (GSM) PT Raised to $23 at Stifel Following 3Q Conference Call
November 29, 2017 1:34 PM ESTStifel raised its price target on Globe Specialty Metals (NASDAQ: GSM) to $23.00 (from $22.00) while maintaining a Buy rating following the company's 3Q earnings report. The company also announced the acquisition of Glencore's manganese alloy assets.
On its 3Q17 conference call, the company provided an... More
Globe Specialty Metals (GSM) PT Raised to $18.25 at Jefferies
November 29, 2017 8:10 AM ESTJefferies raised its price target on Globe Specialty Metals (NASDAQ: GSM) to $18.25 (from $16.75) while maintaining a Buy rating.
Analyst Martin Englert notes 3Q17 EBITDA of $56M beat, lending credence to its pricing leverage.
"With 2018 Si contracts settling above index, and spot improving, it... More

