Nucor (NUE) Declares $0.3775 Quarterly Dividend; 2.8% Yield

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Nucor (NUE) PT Lowered to $62 at BMO Capital; 'Widely Expected Miss That Is Wider Than Expected'

September 18, 2017 9:32 AM EDT

BMO Capital lowered its price target on Nucor (NYSE: NUE) to $62.00 (from $70.00) while maintaining a Market Perform rating, following the company's quarterly earnings guidance announcement.

Analyst David Gagliano notes a cautious outlook on the shares following a negative quarterly earnings announcement, as management... More