Deniz Yatırım changed Erdemir's target price

Erdemir, which recorded a net profit of TL 6.64 billion in the second quarter of last year, increased its net profit to TL 18.0 billion last year. However, it had a limited net profit in the previous quarter and recorded a profit of TL 90 million.

Deniz Yatırım increased its target price for Erdemir from TL 45.7 to TL 52.6 and maintained its recommendation as "buy".