What 6 Analyst Ratings Have To Say About Nucor
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for Nucor (NYSE:NUE), with recent adjustments reflecting a somewhat bullish sentiment. The average 12-month price target is $170, down from $177. Nucor faces a negative revenue trend but maintains strong profitability and financial health.
October 09, 2024 | 9:01 pm
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Nucor's analyst ratings show a somewhat bullish sentiment with an average price target of $170, down from $177. Despite a negative revenue trend, Nucor's strong profitability and financial health are highlighted.
The article provides a detailed analysis of Nucor's analyst ratings, showing a somewhat bullish sentiment. The average price target has decreased, indicating a cautious outlook. However, Nucor's strong profitability metrics and financial health provide a positive counterbalance to the negative revenue trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100