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Fly News Breaks for February 5, 2018
STLD
Feb 5, 2018 | 07:44 EDT
Cowen analyst Novid Rassouli met with Steel Dynamics management and is now more confident in the company's outlook. He believes the company is well positioned from the standpoint of both industry dynamics and the potential for an opportunistic acquisition during the year. Rassouli reiterated his Outperform rating and $60 price target on Steel Dynamics shares.