BMO Capital Maintains Market Perform on Steel Dynamics, Lowers Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst David Gagliano has maintained a 'Market Perform' rating on Steel Dynamics (NASDAQ:STLD) but lowered the price target from $115 to $107.
September 19, 2023 | 3:37 pm
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BMO Capital has maintained its 'Market Perform' rating on Steel Dynamics but lowered the price target from $115 to $107.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Steel Dynamics' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100