Analyst Expectations for Nucor's Future
Portfolio Pulse from Benzinga Insights
Nucor (NYSE:NUE) has received 1 somewhat bullish and 5 indifferent analyst ratings in the last quarter, with an average price target of $148.33, implying an upside from the current price of $138.69. The average price target has increased by 9.33% from the previous average of $135.67.
May 22, 2023 | 1:14 pm
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POSITIVE IMPACT
Nucor has received 1 somewhat bullish and 5 indifferent analyst ratings in the last quarter, with an average price target of $148.33, implying an upside from the current price of $138.69.
The average price target of $148.33 implies an upside from the current price of $138.69, which is a positive signal for the stock. Additionally, the average price target has increased by 9.33% from the previous average, indicating growing optimism among analysts. This could lead to a short-term increase in Nucor's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100