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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,
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.
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.
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 ...
2d
Nucor call volume above normal and directionally bullish
Bullish option flow detected in Nucor (NUE) with 6,787 calls trading, 4x expected, and implied vol increasing over 1 point to 33.06%. Apr-25 ...
9d
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 ...
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 ...
Nasdaq
12d
Nucor initiated with a Buy at Goldman Sachs
Goldman Sachs initiated coverage of
Nucor
(NUE) with a Buy rating and $190 price target The prevailing sentiment towards the U.S. steel industry seems pessimistic given concerns on global over ...
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, ...
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