KeyBanc Downgrades Steel Dynamics (STLD) to Hold; Valuation Call After Recent Run
Tweet
Share
E-mailGet Alerts STLD Hot Sheet
Price: $279.55 --0%
Rating Summary:
14 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 11 | New: 21
Rating Summary:
14 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 11 | New: 21
Join SI Premium – FREE
KeyBanc downgraded Steel Dynamics (NASDAQ: STLD) from Buy to Hold.
KeyBanc analyst said, "...shares have outpaced the S&P 500 by 11% year-to-date and we suspect the shares may give back some outperformance in the absence of positive near-term flat-rolled pricing catalysts."
For an analyst ratings summary and ratings history on Steel Dynamics click here. For more ratings news on Steel Dynamics click here.
Shares of Steel Dynamics closed at $15.46 yesterday.
KeyBanc analyst said, "...shares have outpaced the S&P 500 by 11% year-to-date and we suspect the shares may give back some outperformance in the absence of positive near-term flat-rolled pricing catalysts."
For an analyst ratings summary and ratings history on Steel Dynamics click here. For more ratings news on Steel Dynamics click here.
Shares of Steel Dynamics closed at $15.46 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Steel Dynamics (STLD) PT Raised to $262 at JPMorgan
- CoreWeave mulling euro bond sale to European investors
- BofA Securities Downgrades SailPoint Technologies Holdings (SAIL) to Neutral
Create E-mail Alert Related Categories
DowngradesRelated Entities
KeyBanc, Standard & Poor'sSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
