A couple of fresh analyst takes hit the tape Friday, and one of them is decidedly more enthusiastic than the other.
Freedom Capital Markets analyst Raimzhan Bayterek kicked off coverage on Betterware de México, S.A.P.I. de C.V. (BWMX) with a Buy rating and a $20 price target. That's a meaningful vote of confidence considering the stock closed at $14.21 on Wednesday, implying roughly 41% upside if Bayterek's target proves accurate. The Mexican direct-sales company, which specializes in home organization and kitchen products, is getting some analytical love as it navigates its growth trajectory.
Meanwhile, Jefferies took a more measured approach with Algoma Steel Group (ASTL), initiating coverage with a Hold rating and a C$6 price target. The neutral stance suggests the firm sees the Canadian steelmaker as fairly valued at current levels, without compelling reasons to either jump in or run for the exits.
These initiations represent Wall Street's ongoing effort to provide guidance on companies across different sectors and geographies. For Betterware, the Buy rating signals optimism about the company's business model and market opportunity. The Hold on Algoma Steel reflects a wait-and-see attitude toward the steel industry's dynamics.
Investors watching these stocks now have fresh perspectives to consider as they evaluate their positions and potential entry points.




