In the latest trading session, Nucor (NUE) closed at $195.87, marking a +2.1% move from the previous day.
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In the most recent trading session, Nucor (NUE) closed at $169.1, indicating a +2.64% shift from the previous trading day.
UBS analyst Andrew Jones upgraded Nucor Corp (NYSE:NUE) to Buy from Neutral on Thursday, raising his price target to $190 from $184, arguing that a recent pullback has created a compelling entry point.
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Nucor projects Q1 EPS jumping to $2.70-$2.80 as segment gains drive improved profitability.
In the most recent trading session, Nucor (NUE) closed at $163.48, indicating a -1.32% shift from the previous trading day.
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In the closing of the recent trading day, Nucor (NUE) stood at $177.4, denoting a -1.76% move from the preceding trading day.
Nucor (NUE) reported earnings 30 days ago. What's next for the stock?
Political uncertainty has increased following the U.S. Supreme Court's decision to strike down presidentially imposed tariffs. Investors should prioritize high-quality steel producers over those reliant on politically driven strategies. Nucor remains as a go-to choice amidst higher expected volatility in the sector and potential risks for the economy.