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Fly News Breaks for December 14, 2015
NUE
Dec 14, 2015 | 07:27 EDT
Nomura analyst Alexander Burnes upgraded Nomura to Buy and increased his price target to $47 from $45 on shares. Burnes believes the second half of 2015 will be the trough for U.S. mini-mills' margins and expects EBITDA and cash flow inflection in 2016. The analyst expects a moderate steel price recovery from destocking and import relief combined with sustained pressure on global ferrous raw materials and for the completion of the Louisiana DRI facility to be a tailwind heading into 2016.
News For NUE From the Last 2 Days
NUE
Apr 24, 2024 | 09:54 EDT
BMO Capital lowered the firm's price target on Nucor to $200 from $210 and keeps a Market Perform rating on the shares after its Q1 earnings miss. Following nine consecutive quarters of beating expectations, Nucor's results and outlook disappointed, while its Q2 results are also expected to moderate sequentially, the analyst tells investors in a research note. Nucor remains well-positioned to benefit from positive longer-term demand tailwinds, but its capex spending elevated, BMO adds.
NUE
Apr 23, 2024 | 11:57 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
NUE
Apr 23, 2024 | 10:25 EDT
JPMorgan US Clean Tech/Metals & Mining Analyst Peterson and CFO Laxton hold a 1Q24 earnings follow-up conference call to be held on April 23 at 2 pm hosted by JPMorgan. Webcast Link