BMO Capital Maintains Market Perform on Steel Dynamics, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained a Market Perform rating on Steel Dynamics (NASDAQ:STLD) while raising the price target from $130 to $135.
October 18, 2024 | 2:45 pm
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BMO Capital has maintained a Market Perform rating on Steel Dynamics and increased the price target from $130 to $135, indicating a positive outlook.
The increase in the price target from $130 to $135 by BMO Capital suggests a positive outlook for Steel Dynamics, which could lead to a short-term increase in stock price. The Market Perform rating indicates a neutral stance, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100