Morgan Stanley Reiterates Equal-Weight on Steel Dynamics, Maintains $97 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba has reiterated an Equal-Weight rating on Steel Dynamics (NASDAQ:STLD) and maintained a $97 price target.
June 21, 2023 | 1:32 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley analyst Carlos De Alba reiterated an Equal-Weight rating on Steel Dynamics (NASDAQ:STLD) and maintained a $97 price target.
The news of Morgan Stanley reiterating an Equal-Weight rating on Steel Dynamics and maintaining a $97 price target is neutral for the stock. It indicates that the analyst's view on the company has not changed, and the stock is expected to perform in line with the market. This news is relevant and important for investors in STLD, but it does not suggest a significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100