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Analysts' Weekly Ratings Changes for Nucor

2014-09-25 11:15:20| Steel - Topix.net

Nucor had its "equal weight" rating reaffirmed by analysts at Morgan Stanley. They now have a $62.00 price target on the stock, up previously from $55.26.

Tags: ratings weekly analysts nucor

Nucor Flexes Steel-Sector Muscles With Buy, Guidance

2014-09-23 01:41:36| Steel - Topix.net

It sells to a variety of end markets, including the automotive, energy, agricultural, heavy equipment, transportation, construction and aluminum industries. The company's lineup of products includes hot-rolled, cold-rolled and galvanized sheet steel, steel joist and joist girders, cold finished steel and direct reduced iron .

Tags: buy guidance muscles flexes

Us Stocks-Materials sector moves higher on DuPont, Nucor

2014-09-18 07:12:22| Steel - Topix.net

Materials stocks were trading higher on Wednesday as the best performing of the 10 major S&P sectors heading into the midpoint of the session, led by gains in DuPont and Nucor Corp. DuPont shares were moving up 4.4 percent at $68.75 after activist investor Nelson Peltz's Trian Fund Management, among the biggest shareholders in the company, urged it to separate its high-growth businesses from those with strong cash flows. Nucor shares were 3.8 percent higher at $57.75 after the steelmaker forecast third-quarter earnings between 70 to 75 cents a share, well above the current Thomson Reuters estimate of 61 cents a share.

Tags: higher sector moves dupont