Exane BNP Paribas Downgrades Steel Dynamics to Neutral, Announces $102 Price Target
Portfolio Pulse from richadhand@benzinga.com
Exane BNP Paribas analyst Tristan Gresser has downgraded Steel Dynamics (NASDAQ:STLD) from Outperform to Neutral and set a price target of $102.
July 05, 2023 | 9:08 am
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Steel Dynamics has been downgraded from Outperform to Neutral by Exane BNP Paribas, with a new price target of $102.
The downgrade from Outperform to Neutral by a major analyst like Exane BNP Paribas could negatively impact the short-term price of Steel Dynamics' stock. The new price target of $102 might also influence investor sentiment.
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