Steel Dynamics Provides First Quarter 2024 Earnings Guidance

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Go back to Steel Dynamics Provides First Quarter 2024 Earnings Guidance

Steel Dynamics (STLD) PT Raised to $120 at BMO Capital

March 15, 2024 9:25 AM EDT

BMO Capital analyst Katja Jancic raised the price target on Steel Dynamics (NASDAQ: STLD) to $120.00 (from $110.00) while maintaining a Market Perform rating.

The analyst commented, "Steel Dynamics expects 1Q'24 EPS of $3.51-3.55, above our/consensus of $3.36/$3.32 (vs. 4Q'23 of $2.61). Looking ahead, STLD indicated demand from... More