Jefferies Initiates Coverage On Steel Dynamics with Hold Rating, Announces Price Target of $150
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on Steel Dynamics (NASDAQ:STLD) with a Hold rating and set a price target of $150.
May 20, 2024 | 12:46 pm
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Jefferies has initiated coverage on Steel Dynamics with a Hold rating and set a price target of $150.
The Hold rating suggests a neutral stance, indicating that the stock is expected to perform in line with the market. The price target of $150 provides a specific valuation benchmark for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100