KeyBanc analyst Phil Gibbs raised the firm’s price target on Universal Stainless & Alloy to $19 from $17 to reflect stronger 2024 EPS via margins, while keeping an Overweight rating on the shares. The firm sees Universal Stainless & Alloy on track for increasing margin/EPS growth momentum and debt reduction potential.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on USAP:
- Universal Stainless & Alloy management to meet virtually with KeyBanc
- Universal Stainless Reports Strong Third Quarter 2023 Results
- Universal Stainless Names Christopher Zimmer President & Chief Executive Officer; Dennis Oates transitions to Executive Chairman
- Universal Stainless & Alloy appoints Christopher Zimmer as CEO
- USAP Upcoming Earnings Report: What to Expect?