Morgan Stanley Maintains Equal-Weight on Nucor, Raises Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba has maintained an Equal-Weight rating on Nucor (NYSE:NUE) and raised the price target from $148 to $162.

July 26, 2023 | 3:13 pm
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Morgan Stanley has maintained an Equal-Weight rating on Nucor and raised the price target from $148 to $162.
The news is directly related to Nucor (NUE) as Morgan Stanley has maintained an Equal-Weight rating on the company and raised the price target. This suggests that the analyst sees potential upside in the stock, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100