BMO Capital Maintains Market Perform on Steel Dynamics, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Katja Jancic maintains a Market Perform rating on Steel Dynamics (NASDAQ:STLD) but lowers the price target from $140 to $135.
June 18, 2024 | 3:05 pm
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BMO Capital maintains a Market Perform rating on Steel Dynamics but lowers the price target from $140 to $135.
The lowered price target from $140 to $135 suggests a slightly less optimistic outlook for Steel Dynamics, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100