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UBS, Nucor and Steel Dynamics
UBS downgrades Steel Dynamics, Nucor and Commercial Metals Company
UBS downgraded a few steel companies on Thursday, with Steel Dynamics (NASDAQ:STLD) and Nucor (NYSE:NUE) downgraded to Neutral, and Commercial Metals Company (NYSE:CMC) to Sell. The analysts downgraded STLD,
UBS Downgrades Nucor (NUE)
Fintel reports that on December 12, 2024, UBS downgraded their outlook for Nucor (NYSE:NUE) from Buy to Neutral. Analyst Price Forecast Suggests 33.90% Upside As of December 3, 2024, the average one-year price target for Nucor is $175.
Nucor, Steel Dynamics, Commercial Metals Stocks Slip On UBS Downgrade: Retail Still Upbeat
Steel Dynamics Inc. (STLD), and Commercial Metals Co. (CMC) fell sharply in early Thursday trading after UBS downgraded the stocks, citing weak third-quarter earnings and disappointing guidance across the sector.
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1d
Is Nucor Stock Underperforming the Dow?
Charlotte, North Carolina-based Nucor Corporation (NUE) is a leading producer of structural steel, steel bars, steel joists, ...
1d
Stock Of The Day: When Will Nucor's Selloff Hit Bottom?
Shares of Nucor (NUE) dropped more than 5% due to a downgrade at UBS. There is a chance the stock finds support around ...
8d
Nucor Stock: Buy On Tariff News, Stay For Demand Trends
Nucor Corporation is well-positioned to benefit from expected steel demand growth. Click here to find out why I continue to ...
8d
Reaction at Nucor Steel caused loud booms, no injuries
Molten metal exposed to moisture at Nucor Steel Decatur caused a few loud booms at around 8:30 p.m. on Wednesday, but mill operations were not interrupted and no one was injured, according to the ...
3d
Nucor downgraded to Neutral at UBS on weak earnings, downside risk
As previously reported, UBS downgraded Nucor (NUE) to Neutral from Buy with a price target of $156, down from $171. U.S. steel players, ...
12d
Top 3 US steel stocks that will benefit from Trump 2.0
Goldman Sachs expects US steel industry to benefit under Donald Trump as President. Analyst Mike Harris particularly likes ...
FOX54 News Huntsville on MSN
8d
'Booms' heard across Decatur, neighboring communities tied to incident at steel plant
The facility is located on Iverson Blvd., to the west of Decatur and on the north side of Trinity. The plant is part of the ...
10d
Goldman Sachs Says These 2 Steel Stocks Are a ‘Buy’ Amid Improving Fundamentals
The art of stock investing lies in identifying the right equities to buy. One effective approach is focusing on core economic ...
2d
UBS is bearish on the steel industry. Here's why.
UBS has issued a double downgrade for Commercial Metals Company (CMC), lowering its rating from Buy to Sell. The downgrade ...
3d
Janus Henderson Group PLC Purchases 3,963 Shares of Nucor Co. (NYSE:NUE)
Janus Henderson Group PLC grew its position in Nucor Co. (NYSE:NUE – Free Report) by 13.0% during the 3rd quarter, according ...
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