BMO Capital Maintains Market Perform on Steel Dynamics, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained a Market Perform rating on Steel Dynamics (NASDAQ:STLD) while raising the price target from $127 to $130.
October 10, 2024 | 3:56 pm
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BMO Capital has maintained its Market Perform rating on Steel Dynamics and increased the price target from $127 to $130, indicating a slightly positive outlook.
The increase in the price target from $127 to $130 suggests a positive outlook on Steel Dynamics' future performance. However, the Market Perform rating indicates that the stock is expected to perform in line with the market, which tempers the overall impact.
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