Cracking The Code: Understanding Analyst Reviews For Steel Dynamics
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed reviews for Steel Dynamics (NASDAQ:STLD) over the past three months, with a range of ratings from bullish to bearish. The average 12-month price target has increased to $137.0, reflecting a 20.89% rise from the previous target. Key analysts have adjusted their ratings and price targets, indicating varied expectations for the company's future performance.
May 20, 2024 | 1:01 pm
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Analysts have provided mixed reviews for Steel Dynamics (NASDAQ:STLD) over the past three months, with a range of ratings from bullish to bearish. The average 12-month price target has increased to $137.0, reflecting a 20.89% rise from the previous target. Key analysts have adjusted their ratings and price targets, indicating varied expectations for the company's future performance.
The increase in the average 12-month price target to $137.0, up 20.89%, suggests a positive outlook from analysts. However, the mixed ratings indicate some uncertainty about the company's future performance. The adjustments in ratings and price targets by key analysts reflect their varied expectations, which could lead to short-term volatility in the stock price.
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