Seaport Global Maintains Buy on Steel Dynamics, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Martin Englert maintains a Buy rating on Steel Dynamics (NASDAQ:STLD) and raises the price target from $132 to $150.
October 18, 2024 | 5:03 pm
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Seaport Global's analyst Martin Englert has reaffirmed a Buy rating for Steel Dynamics and increased the price target from $132 to $150, indicating a positive outlook for the stock.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
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