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Dahlman Rose Upgrades Steel Dynamics (STLD) to Buy

June 16, 2009 11:28 AM EDT
STLD Hot Sheet
Rating Summary:
    6 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 9 | New: 26
Dahlman Rose upgrades Steel Dynamics (Nasdaq: STLD) from Hold to Buy.

In addition to the upgrade, shares of Steel Dynamics are seeing upside today on the back of a better-than-expected Q2 outlook from Nucor (NYSE: NUE). Steel Dynamics shares are currently up 4.9% to $15.99. This could be a key technical level.

Click here or go to http://www.streetinsider.com/stock_lookup_news.php?q=stld&type=analyst to see all the analyst action on Steel Dynamics.

Steel Dynamics, Inc., together with its subsidiaries, engages in the manufacture and sale of steel products in the United States.

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