Dahlman Rose Upgrades Steel Dynamics (STLD) to Buy

June 16, 2009 11:28 AM EDT

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.


Related Categories

Upgrades

Stocks Mentioned

NUE 41.38

+2.04 +5.19%
Volume: 6,049,219
Track NUE

STLD 14.58

+0.50 +3.55%
Volume: 5,155,307
Track STLD


Add Your Comment