Nucor Corp

NYSE: NUE
$197.34
-$0.84 (-0.4%)
Closing price April 11, 2024
Nucor Corp is a leading steel and steel products manufacturer based in Charlotte, North Carolina. Founded in 1905, the company operates through three main segments: steel mills, steel products, and raw materials. Nucor produces a wide range of steel items including hot-rolled, cold-rolled, and galvanized sheet steel, structural beams, bar steel, and more. It also offers steel joists, decks, and other construction-related products. Additionally, Nucor deals in raw materials like direct reduced iron and processes scrap metal. Its products serve various industries in the U.S., Canada, and Mexico.
One Dow stock received an upgrade on Tuesday morning and another was hit with a downgrade, as earnings season is hitting its stride.
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Wednesday's top analyst upgrades and downgrades included Accenture, Bridgebio Pharma, Chesapeake Energy, eBay, Hewlett Packard Enterprise, Huntsman, New York Community Bancorp, Nucor, Oracle, PBF...
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Higher inflation chilled trading on Thursday and carried over into Friday's premarket session.
Wednesday's top analyst upgrades and downgrades included Allstate, Ally Financial, Five9, General Electric, Host Hotels, Nucor, PayPal, Trade Desk and Zillow.
Analysts at Credit Suisse have made changes to their ratings and price targets for half a dozen steel producers.
24/7 Wall St. looks at some big analyst calls that we have seen so far on Tuesday, including Chuy’s, CrowdStrike, Tesla, Uber, Wingstop and more.
Goldman Sachs is out with a report on seven U.S. steel makers. The analysts are initiating coverage on the companies just in time for a debate over President Biden's infrastructure plan.