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UBS, Commercial Metals Company and Nucor
UBS downgrades Steel Dynamics, Nucor and Commercial Metals Company
UBS downgraded a few steel companies on Thursday, with Steel Dynamics (NASDAQ:STLD) and Nucor (NYSE:NUE) downgraded to Neutral, and Commercial Metals Company (NYSE:CMC) to Sell. The analysts downgraded STLD,
Nucor, Steel Dynamics, Commercial Metals Stocks Slip On UBS Downgrade: Retail Still Upbeat
Steel Dynamics Inc. (STLD), and Commercial Metals Co. (CMC) fell sharply in early Thursday trading after UBS downgraded the stocks, citing weak third-quarter earnings and disappointing guidance across the sector.
UBS double downgrades Commercial Metals to Sell after rally
UBS downgraded Commercial Metals (CMC) to Sell from Buy with a price target of $56, down from $62. Despite “weak” steel sector Q3 results and
15h
Nucor Hikes Quarterly Dividend, Raises Payout for 52 Straight Years
Nucor Corporation NUE has announced an increase in its regular quarterly cash dividend on its common stock to 55 cents per ...
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8h
UBS downgrades steel stocks citing less compelling risk-reward post rally
Steel Dynamics Inc (NASDAQ:STLD), and Commercial Metals Company (NYSE:CMC), citing less compelling risk-reward dynamics ...
11h
Market Whales and Their Recent Bets on NUE Options
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...
1d
Nucor (NUE) Stock Sinks As Market Gains: What You Should Know
Nucor (NUE) closed the latest trading day at $138.44, indicating a -1.51% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.82%. At the same ...
6d
Nucor Stock: Buy On Tariff News, Stay For Demand Trends
Nucor Corporation is well-positioned to benefit from expected steel demand growth. Click here to find out why I continue to ...
JD Supra
3d
Put Up or Shut Up: Court Grants Summary Judgment for Steel Sub in Price Escalation Clause Dispute
An Illinois federal court ruled in favor of steel subcontractor Nucor in its contract dispute with Direct Steel. The project involved the ...
1d
Nucor downgraded to Neutral at UBS on weak earnings, downside risk
As previously reported, UBS downgraded Nucor (NUE) to Neutral from Buy with a price target of $156, down from $171. U.S. steel players, ...
10d
Nucor, Steel Stocks Rise On Goldman Call, Tariff Hopes
Nucor stock and Cleveland-Cliffs rallied as prospects for U.S. steel companies brighten following the election of Donald ...
5h
UBS is bearish on the steel industry. Here's why.
UBS has issued a double downgrade for Commercial Metals Company (CMC), lowering its rating from Buy to Sell. The downgrade ...
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