Analyst Expectations for Nucor's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 analysts have published their opinion on Nucor (NYSE:NUE) stock. The average price target is $152.83, implying a downside from the current price of $164.16. The current average has increased by 9.16% from the previous average price target of $140.00.
July 11, 2023 | 12:06 pm
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Analysts have a lower price target for Nucor (NYSE:NUE), implying a potential downside. However, the average target has increased by 9.16% from the previous target.
The analysts' average price target for Nucor is lower than its current price, suggesting they believe the stock may decrease in value. However, the increase in the average target from the previous one indicates a more positive outlook than before, which could mitigate the potential downside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100