UBS Upgrades Steel Dynamics to Buy, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Curt Woodworth has upgraded Steel Dynamics (NASDAQ:STLD) from Neutral to Buy, raising the price target from $129 to $145.
September 03, 2024 | 2:48 pm
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POSITIVE IMPACT
UBS has upgraded Steel Dynamics to Buy and increased the price target to $145, indicating a positive outlook for the stock.
The upgrade from Neutral to Buy by UBS, along with a raised price target, suggests increased confidence in Steel Dynamics' future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100