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Stock Market & Financial Investment News

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June 6, 2014
08:39 EDTTSTenaris upgraded at Guggenheim
As previously reported, Guggenheim upgraded Tenaris to Buy from Neutral. The firm upgraded shares based on upcoming catalysts that include unexpected inclusion of Korea in the ITC's final tariff ruling, a 2015 recovery in Brazilian pipe volumes, a reacceleration in Middle East and global deepwater volumes, and growth in Mexico. Price target raised to $55 from $47.
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