---
title: "New Buy Rating for Steel Dynamics (STLD), the Basic Materials Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293479884.md"
description: "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."
datetime: "2026-07-22T13:15:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293479884.md)
  - [en](https://longbridge.com/en/news/293479884.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293479884.md)
---

# New Buy Rating for Steel Dynamics (STLD), the Basic Materials Giant

In a report released today, Katja Jancic from BMO Capital maintained a Buy rating on Steel Dynamics, with a price target of $296.00.

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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).

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## Related News & Research

- [Steel Dynamics, Inc. $STLD Shares Bought by Lombard Odier Asset Management Switzerland SA](https://longbridge.com/en/news/293842853.md)
- [4,620 Shares in Steel Dynamics, Inc. $STLD Purchased by Dickmeyer Boyce Financial Management Inc.](https://longbridge.com/en/news/293721266.md)
- [Should Steel Dynamics’ (STLD) Strong Q2 2026 Earnings Jump Require Action From Investors?](https://longbridge.com/en/news/293847146.md)
- [Steel Dynamics: Solid Near-Term Beat but Stretched Valuation Keeps Neutral Rating and $260 Price Target Unchanged](https://longbridge.com/en/news/293372955.md)
- [Steel Dynamics (NASDAQ:STLD) Releases Earnings Results, Beats Estimates By $0.16 EPS](https://longbridge.com/en/news/293255544.md)