The increase in price target by BMO Capital suggests a positive outlook on Steel Dynamics' financial performance and stock potential. This adjustment reflects an expectation of stronger future performance or market conditions that could benefit STLD. Given the maintained 'Market Perform' rating, the analyst sees the company as adequately valued at its current price but anticipates potential growth that could make it an attractive investment. This could lead to increased investor interest and potentially a short-term increase in stock price.