Morgan Stanley Maintains Equal-Weight on Steel Dynamics, Raises Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba maintains an Equal-Weight rating on Steel Dynamics (NASDAQ:STLD) and raises the price target from $134 to $138.

August 15, 2024 | 12:51 pm
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Morgan Stanley analyst Carlos De Alba maintains an Equal-Weight rating on Steel Dynamics and raises the price target from $134 to $138.
The raised price target from $134 to $138 by a reputable analyst at Morgan Stanley is a positive signal for investors, indicating potential upside. However, the Equal-Weight rating suggests a neutral stance on the stock's performance relative to the market.
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IMPORTANCE 70
RELEVANCE 100