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ubs upgrades nucor to buy raises price target to 160 dollars

UBS has upgraded Nucor Corporation's stock rating from Neutral to Buy, raising the price target to $160, citing strong financial health and aggressive share buybacks. Despite projecting lower earnings for Q1 2025, Nucor's medium-term growth prospects remain positive, bolstered by recent tariff announcements and a solid dividend history. The company continues to navigate leadership changes while maintaining investor confidence amid fluctuating steel prices.
Investing.com India
United States Dollar Nucor Corporation USA CAN Gregory J. Murphy
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15:05 24.03.2025
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