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Metallus Inc. Soars 35.67% on Bullish Sentiment
Generated by AI AgentAinvest Movers Radar
Friday, May 2, 2025 5:20 am ET1min read
On May 2, 2025,
Inc. (MTUS) experienced a significant surge, rising 35.67% in pre-market trading, indicating a strong bullish sentiment among investors.Metallus Inc. has seen its stock forecast revised, with analysts lowering the target price to $13.00. This adjustment reflects the current market conditions and the company's performance in the basic materials sector.
Metallus' revenues are projected to decline by 20.9% compared to the same period last year, which may have contributed to the recent volatility in its stock price. This decline in revenue is a key factor that investors are closely monitoring.
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