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JPMorgan Boosts Ternium Price Target to $67.50 Amid Weighed-In Analyst Views

Guavy AI Editorial Team
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Ternium (NYSE:TX) has seen its price target increased by JPMorgan Chase & Co. from $60.50 to $67.50 in a research report issued on Friday, according to Benzinga.

The brokerage firm currently has an 'overweight' rating on the basic materials company's stock and suggests that there is potential for a 16.58% upside from Ternium's current price.

This move comes as several other equities research analysts have weighed in on TX, with some upgrading their recommendations and others downgrading them.

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