JP Morgan Maintains Neutral on Nucor, Lowers Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Peterson maintains a Neutral rating on Nucor (NYSE:NUE) but lowers the price target from $180 to $170.
July 16, 2024 | 2:16 pm
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JP Morgan analyst Bill Peterson maintains a Neutral rating on Nucor (NYSE:NUE) and lowers the price target from $180 to $170.
The lowered price target from $180 to $170 by JP Morgan suggests a less optimistic outlook for Nucor's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100