UPDATE: J.P. Morgan Raises PT on TMS International on Raised 2014E EPS
May 01, 2013 at 10:28 AM EDT
In a report published Wednesday, J.P. Morgan analyst Michael F. Gambardella reiterated an Overweight rating on TMS International Corp. (NYSE: TMS ), and raised the price target from $14.50 to $17.00. In the report, Gambardella noted, “The company's highly variable cost structure and production linked contracts provide steel exposure while
