In a report, Deutsche Bank Securities analyst Rodrigo Barros said that "will wait for further information on this fine and the possibilities of a new agreement before making any adjustment to our CSN's forecast and price target." Currently Deutsche Bank has a "hold" recommendation on U.S.-traded shares of CSN, with a 12-month price target of $6 a piece.
Calls made to a CSN spokesman in São Paulo were not immediately answered.
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