Rating Change
Wells Fargo reiterated its Equal-Weight rating on Ternium S.A. (NYSE:TX) on October 06, 2026.
reiterateNYSE:TX
Wells Fargo Reiterates Equal-Weight Rating on Ternium S.A. (TX)
Wells Fargo reiterated its Equal-Weight rating on Ternium S.A. (NYSE:TX) on October 06, 2026.
At publication ·
What changed
Ternium S.A. (NYSE:TX) · reiterate
- Firm
- Wells Fargo
- Rating
- Equal-Weight to Equal-Weight
- Price at event
- $57.59
- Market capitalization
- $7.5B
At a glance
Key takeaways
- Wells Fargo maintained an Equal-Weight rating on Ternium S.A. (TX) on October 6, 2026, suggesting neutral sentiment on the steel company.
Market Context
Ternium S.A. operates in the Basic Materials sector. The stock currently trades at $57.59 with a market capitalization of $7.5B. The stock has gained 56.8% over the past 52 weeks.
Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Ternium S.A.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Ternium S.A.
Among the 10 most recent ratings: 2 Buy, 6 Hold, 2 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 06, 2026 | Wells Fargo | Equal-Weight | N/A |
| Sep 04, 2026 | JP Morgan | Overweight | N/A |
| Aug 27, 2026 | UBS | Neutral | N/A |
| Aug 21, 2026 | Morgan Stanley | Overweight | N/A |
| Aug 21, 2026 | HSBC | Hold | N/A |
Related Tools: Analyst Ratings Dashboard | View TX Stock Page
Frequently Asked Questions
What does the Equal-Weight rating mean for TX?
A rating of Equal-Weight from Wells Fargo reflects the analyst's outlook on Ternium S.A. (NYSE:TX). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the TX forecast page.