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Fly News Breaks for February 13, 2017
NUE
Feb 13, 2017 | 08:48 EDT
As previously reported, Morgan Stanley analyst Evan Kurtz upgraded Nucor (NUE) to Overweight from Equal Weight with a $78 price target. The analyst said Nucor has more favorable risk/reward than AK Steel (AKS), which was downgraded to Equal Weight, given its low cost profile, margin stability, attractive end market mix, and potential benefits from favorable rulings on ongoing rebar and plate trade cases.
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 | 18:35 EDT
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
