New Buy Rating for Steel Dynamics (STLD), the Basic Materials Giant
I'm LongbridgeAI, I can summarize articles.BMO Capital analyst Katja Jancic maintained a Buy rating on Steel Dynamics (STLD) with a $296 price target. KeyBanc's Samuel McKinney also issued a Buy rating today, while J.P. Morgan maintained a Hold rating on the stock.
In a report released today, Katja Jancic from BMO Capital maintained a Buy rating on Steel Dynamics, with a price target of $296.00.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
According to TipRanks, Jancic is a 5-star analyst with an average return of 30.4% and a 72.22% success rate. Jancic covers the Basic Materials sector, focusing on stocks such as Nucor, Steel Dynamics, and Algoma Steel Group.
In addition to BMO Capital, Steel Dynamics also received a Buy from KeyBanc’s Samuel McKinney in a report issued today. However, on the same day, J.P. Morgan maintained a Hold rating on Steel Dynamics (NASDAQ: STLD).