Form 8-K STEEL DYNAMICS INC For: Oct 16

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Go back to Form 8-K STEEL DYNAMICS INC For: Oct 16

Steel Dynamics (STLD) PT Raised to $150 at Seaport Global Securities

October 18, 2024 6:09 AM EDT

Seaport Global Securities analyst Martin J. Englert raised the price target on Steel Dynamics (NASDAQ: STLD) to $150.00 (from $132.00) while maintaining a Buy rating.

The analyst comments "STLD previously reported 3Q24 EPS of $2.05, which was ahead of consensus of $1.97 (SRP @ $1.98) and above managements... More

Citi Reiterates Buy Rating on Steel Dynamics (STLD)

October 18, 2024 5:57 AM EDT

Citi analyst Alexander Hacking reiterated a Buy rating and $160.00 price target on Steel Dynamics (NASDAQ: STLD).

The analyst comments "We update our STLD model with 4Q EBITDA set at $416m (-20% QoQ on seasonality and price lags) and 2025 EBITDA at $2.6bn (+3% vs... More