Financial ForecastGuided CY24 adj EBITDA lower scenario of $420M vs $685M MSUSAe, indicating a downward revision in earnings before interest, taxes, depreciation, and amortization.
Market Supply DynamicsConsulting reports indicate oversupply into 2027, suggesting a potential long-term challenge for the company due to market conditions.
Price Target AdjustmentPrice target reduced to $5 from $6 on lower estimates, reflecting a decreased valuation of the company's stock.