Morgan Stanley Maintains Equal-Weight on Nucor, Raises Price Target to $148
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba maintains an Equal-Weight rating on Nucor (NYSE:NUE) and raises the price target from $133 to $148.
May 22, 2023 | 12:21 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Equal-Weight rating on Nucor and raises the price target from $133 to $148.
The news directly mentions Nucor (NYSE:NUE) and the price target increase by Morgan Stanley. However, the Equal-Weight rating suggests that the stock is expected to perform in line with the market, indicating a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100