Barclays keeps Tenaris at Overweight and lifts price target to $88
Barclays kept its Overweight rating on Tenaris shares and raised the price target from $80 to $88, a 10% increase.
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what happened
Barclays analysts kept their rating on Tenaris at Overweight and raised the price target from $80 to $88, a 10% increase. According to Barclays, the new target implies a 230.3% upside from the November 6 close of $26.64.
The information comes from TradingView, which cites Benzinga as its data provider.
why it matters
Tenaris makes steel pipes for the oil and gas industry, so this rating change reflects investor expectations for demand for tubular products used in drilling and production. A single brokerage rating usually affects only a limited group of the company's shares.
tags
instruments
sources
- Barclays maintains Verisk Analytics at Overweight, raises price target to $250 from $225 — TradingView, 6 November 2026 at 16:43 UTC
- Barclays maintains Tenaris at Overweight, raises price target to $88 from $80 — TradingView, 6 November 2026 at 16:38 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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