UPDATE: Credit Suisse Initiates Constellium on Cheap Play and Margin Self-Help


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In a report published Tuesday, Credit Suisse analyst J. Mitchell initiated coverage on Constellium (NYSE: CSTM) with a rating of Outperform and a $20 price target.

 

In the report, Credit Suisse noted, “We think the stock offers an attractive combination of high exposure to growth markets in Aerospace and substantial self-help potential (margin expansion), coupled with a cheap valuation.”

 

Constellium closed on Monday at $16.25.


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Analyst ColorInitiationAnalyst RatingsCredit SuisseJ. Mitchell