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Fly News Breaks for September 6, 2017
NUE
Sep 6, 2017 | 20:42 EDT
Macquarie analyst David Lipschitz initiated Nucor with a Neutral and a $57 price target. The analyst's 2017 and 2018 estimates of $4.11 and $4.15, respectively, are below consensus of $4.15 and $4.59 as he believes the current cycle will develop into a steady but decelerating domestic demand story.
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