Analysts upgrade Ternium stock to "Buy" post-Q4

Ternium, a steel manufacturing company, reported a challenging fourth quarter in 2024, with significant declines in both revenue and profits. This marks a continuation of difficulties for the company as it ends the year. Despite these poor results, analysts have upgraded Ternium's stock rating to "Buy." This change reflects a shift in outlook, contrasting with the company's recent performance. The decline in Ternium's financials was primarily driven by market conditions affecting the steel industry. The company is now navigating a tough environment as it looks to improve its situation moving forward.