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J.P. Morgan Sticks to Its Hold Rating for GrafTech International (EAF)

Tipranks - Wed Jan 21, 10:08AM CST

J.P. Morgan analyst Bill Peterson maintained a Hold rating on GrafTech International on January 18 and set a price target of $15.00.

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Peterson covers the Basic Materials sector, focusing on stocks such as Alcoa, Steel Dynamics, and Nucor. According to TipRanks, Peterson has an average return of 4.1% and a 51.56% success rate on recommended stocks.

In addition to J.P. Morgan, GrafTech International also received a Hold from TipRanks – OpenAI’s OpenAI Electrical Equipment and Parts in a report issued yesterday. However, on the same day, TipRanks – PerPlexity reiterated a Sell rating on GrafTech International (NYSE: EAF).

Based on GrafTech International’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $144 million and a GAAP net loss of $28.48 million. In comparison, last year the company earned a revenue of $130.65 million and had a GAAP net loss of $36.07 million

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