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 $166.5, implying an upside from the current price of $164.75. The average price target has increased by 8.47% over the past month.
September 08, 2023 | 8:00 pm
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Analysts have given an average price target of $166.5 for Nucor, implying an upside from the current price. The target has increased by 8.47% over the past month.
The average price target given by analysts suggests a potential upside for Nucor's stock. This, combined with the fact that the target has increased over the past month, indicates a positive sentiment towards the stock. Therefore, it's likely that the stock price may increase in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100