JPMorgan Sees Cleveland Cliffs (CLF) and Steel Dynamics (STLD) as Top Steel Picks, Strong Cash Flow Provided by High Prices a 'Generational Opportunity'
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- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
Commercial Metals Company (CMC) PT Raised to $27 at BofA Securities
June 18, 2021 7:29 AM EDTBofA Securities analyst Timna Tanners raised the price target on Commercial Metals Company (NYSE: CMC) to $27.00 (from $26.00) while maintaining a Underperform rating.
... MoreCommercial Metals Company (CMC) PT Raised to $26 at BofA Securities
June 16, 2021 7:46 AM EDTBofA Securities analyst Timna Tanners raised the price target on Commercial Metals Company (NYSE: CMC) to $26.00 (from $25.00) while maintaining an Underperform rating after raising 2021-2023 U.S. steel price forecasts amid the 'great steel squeeze.'
They now expect H221E HRC at $1,075/st... More
US Steel (X) PT Raised to $16 at BofA Securities
June 16, 2021 7:45 AM EDTBofA Securities analyst Timna Tanners raised the price target on US Steel (NYSE: X) to $16.00 (from $14.00) while maintaining an Underperform rating after raising 2021-2023 U.S. steel price forecasts amid the 'great steel squeeze.'
They now expect H221E HRC at $1,075/st from... More
Nucor (NUE) PT Raised to $103 at BofA Securities
June 16, 2021 7:40 AM EDTBofA Securities analyst Timna Tanners raised the price target on Nucor (NYSE: NUE) to $103.00 (from $102.00) while maintaining a Neutral rating after raising 2021-2023 U.S. steel price forecasts amid the 'great steel squeeze.'
They now expect H221E HRC at $1,075/st from... More