Globe Specialty Metals price target raised to $23 from $19 at Oppenheimer After meeting with Globe Specialty Metals' management, Oppenheimer believes that the company's markets and selling prices have improved. The firm thinks that the aluminum and specialty steel markets remain strong , and it notes that polysilicon inventories have been cut by about 50%. It keeps an Outperform rating on the stock.
Oppenheimer to hold a conference 10th Annual Industrial Growth Conference is being held in New York on May 12-13 with webcasted company presentations to begin on May 12 at 8:15 am; not all company presentations may be webcasted. Webcast Link