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Nick Konstantakis Downgraded (TS) to Hold on, Feb 20th, 2015

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Nick Konstantakis of Exane BNP Paribas, Downgraded "Tenaris S.A." (TS) to Hold on, Feb 20th, 2015.

Nick, nor any peers, have made any analyst calls on TS in the last 4 months.

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