Nucor Reports Results for First Quarter of 2016
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Jefferies Raises Price Target on Nucor (NUE) to $56; Expecting Strong Improvement QoQ
April 22, 2016 9:10 AM EDTJefferies reiterated a Buy rating on Nucor (NYSE: NUE), and raised the price target to $56.00 (from $53.00), following the company's 1Q earnings report. NUE reported EPS of $0.22, slightly below consensus of $0.28, but within company guidance range of $0.20-0.25. However, management expects significantly improved results... More
CLSA Downgrades Nucor (NUE) to Sell
April 22, 2016 7:09 AM EDTCLSA downgraded Nucor (NYSE: NUE) from Outperform to Sell.
For an analyst ratings summary and ratings history on Nucor click here. For more ratings news on Nucor click here.
Shares of Nucor closed at $49.50 yesterday.
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