Reminder: Steel Dynamics Announces First Quarter 2016 Earnings Conference Call and Webcast

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Go back to Reminder: Steel Dynamics Announces First Quarter 2016 Earnings Conference Call and Webcast

Jefferies Raises Price Target Following Steel Dynamics' (STLD) Strong 1Q

April 22, 2016 9:17 AM EDT

Jefferies reiterated a Buy rating on Steel Dynamics (NASDAQ: STLD), and raised the price target to $28.00 (from $25.50), following the company's 1Q earnings report. STLD reported EPS of $0.26 beating the Street's $0.23 estimate. Looking forward, STLD gave a positive outlook for Q2 as ASPs begin... More