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Credit Suisse Expects Gerdau To Enter A Growth Path
Thursday, August 4, 2016 - 11:44am | 265Read More...Credit Suisse has upgraded Gerdau SA (ADR) (NYSE: GGB) shares to Outperform from Neutral, as it sees continuous recovery in the company's earnings in the years ahead. "Even in our conservative base-case scenario of no volume increase in Brazil's steel domestic sales in 2017 and consolidated sales...
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Credit Suisse Says Buy Gold, Sell Copper: Downgrades Southern Cooper To Sell
Friday, July 1, 2016 - 10:42am | 296Read More...Credit Suisse’s Ivano Westin expects gold prices to rise in the near to medium term, as the market turns to “safe mode,” although the outlook for copper is likely to be much more challenging. Westin downgraded the rating on Southern Copper Corp (NYSE: SCCO) from Neutral to...
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UPDATE: Credit Suisse Reiterates Underperform, Lowers Price Target On Vale SA On Balance Sheet Pressure
Monday, March 2, 2015 - 10:30am | 180Read More...In a report published Monday, Credit Suisse analyst Ivano Westin reiterated an Underperform rating on Vale SA (ADR) (NYSE: VALE), but lowered the price target from $7.50 to $7.00. In the report, Credit Suisse noted, "We (i) marked to market our 2015 and 2016 estimates based on current commodities...
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Credit Suisse Lowers Vale Price Target To Reflect Deflated Commodity Prices
Monday, December 15, 2014 - 10:40am | 256Read More...Ivano Westin of Credit Suisse on Monday maintained an Underperform rating on shares of Vale SA (ADR) (NYSE: VALE) with a price target lowered to $7.50 from a previous $10.70 due to lower commodities prices. Westin is forecasting a “lackluster” steel production with an average...
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Credit Suisse Lowers Vale Price Target On Lower Commodity Pricing
Friday, November 28, 2014 - 10:10am | 160Read More...Credit Suisse came out with a note on Vale SA (ADR) (NYSE: VALE), maintaining the Underperform rating and lowering the price target from $11 to $10.70. Analyst Ivano Westin comments: "In light of Vale's NY Day, we update our estimates and expect Vale to emphasize its focus on...
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UPDATE: Credit Suisse Reiterates On Vale SA On Unavoidable Earnings Downside
Tuesday, September 23, 2014 - 9:19am | 178Read More...In a report published Tuesday, Credit Suisse analyst Ivano Westin reiterated a Neutral rating on Vale SA (NYSE: VALE), but lowered the price target from $15.00 to $12.50. In the report, Credit Suisse noted, “Our base-case scenario assumes an oversupply of iron ore for a longer period, reflecting...
