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Nucor Analyst Ratings

Benzinga ·  Oct 31, 2023 08:37
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
10/31/2023 3.84% Morgan Stanley $162 → $154 Maintains Equal-Weight
10/16/2023 1.82% JP Morgan → $151 Upgrades Underweight → Neutral
09/08/2023 1.82% JP Morgan $150 → $151 Maintains Underweight
07/27/2023 21.38% Citigroup $160 → $180 Maintains Neutral
07/26/2023 9.24% Morgan Stanley $148 → $162 Maintains Equal-Weight
07/11/2023 12.61% Credit Suisse $156 → $167 Maintains Outperform
07/05/2023 28.79% Exane BNP Paribas → $191 Upgrades Neutral → Outperform
06/21/2023 -0.2% Morgan Stanley → $148 Reiterates → Equal-Weight
06/01/2023 Wolfe Research Upgrades Underperform → Peer Perform
05/23/2023 -12.34% JP Morgan → $130 Initiates Coverage On → Underweight
05/22/2023 -0.2% Morgan Stanley $133 → $148 Maintains Equal-Weight
04/24/2023 -10.32% Morgan Stanley $131 → $133 Maintains Equal-Weight
03/20/2023 -11.67% Morgan Stanley $122 → $131 Maintains Equal-Weight
03/17/2023 5.19% Credit Suisse $140 → $156 Maintains Outperform
03/13/2023 8.56% Goldman Sachs $144 → $161 Maintains Neutral
03/10/2023 8.56% Goldman Sachs $144 → $161 Maintains Neutral
01/30/2023 -17.73% Morgan Stanley $113 → $122 Maintains Equal-Weight
01/27/2023 11.26% BMO Capital $155 → $165 Maintains Market Perform
01/04/2023 15.98% B of A Securities → $172 Reinstates → Buy
12/06/2022 -2.23% UBS $120 → $145 Maintains Neutral
11/09/2022 -4.25% BMO Capital $113 → $142 Maintains Market Perform
10/24/2022 -23.8% Morgan Stanley $115 → $113 Maintains Equal-Weight
10/06/2022 -23.13% Goldman Sachs $127 → $114 Maintains Neutral
09/16/2022 -5.6% Credit Suisse $165 → $140 Maintains Outperform
07/25/2022 -22.45% Morgan Stanley $121 → $115 Maintains Equal-Weight
07/06/2022 -18.41% Morgan Stanley $144 → $121 Maintains Equal-Weight
06/14/2022 -15.71% JP Morgan $146 → $125 Maintains Neutral
05/31/2022 -12.34% Goldman Sachs $148 → $130 Maintains Neutral
05/11/2022 -2.9% Morgan Stanley $108 → $144 Maintains Equal-Weight
04/25/2022 28.12% Argus Research $140 → $190 Maintains Buy
04/22/2022 -0.2% Goldman Sachs $134 → $148 Maintains Neutral
04/22/2022 18% Credit Suisse $142 → $175 Maintains Outperform
03/24/2022 -13.01% JP Morgan $113 → $129 Maintains Neutral
02/16/2022 -19.08% Goldman Sachs $114 → $120 Maintains Neutral
01/31/2022 -27.17% Morgan Stanley $107 → $108 Maintains Equal-Weight
01/11/2022 -31.22% Wolfe Research → $102 Downgrades Peer Perform → Underperform
11/17/2021 -29.87% Wolfe Research → $104 Initiates Coverage On → Peer Perform
10/26/2021 -27.85% Morgan Stanley $105 → $107 Maintains Equal-Weight
10/06/2021 -27.17% Goldman Sachs $123 → $108 Downgrades Buy → Neutral
09/15/2021 -12.34% Deutsche Bank $100 → $130 Maintains Hold
08/24/2021 -12.34% Seaport Global → $130 Initiates Coverage On → Buy
07/01/2021 -32.57% Deutsche Bank $75 → $100 Maintains Hold
06/16/2021 -23.13% JP Morgan → $114 Initiates Coverage On → Neutral
06/14/2021 -31.89% Morgan Stanley $95 → $101 Maintains Equal-Weight
05/11/2021 -35.94% Morgan Stanley $71 → $95 Maintains Equal-Weight
04/20/2021 -46.06% B of A Securities $56 → $80 Upgrades Underperform → Neutral
04/12/2021 Goldman Sachs Initiates Coverage On → Buy
04/09/2021 -42.01% Goldman Sachs → $86 Initiates Coverage On → Buy
03/19/2021 -42.68% Argus Research → $85 Upgrades Hold → Buy
03/12/2021 -52.12% Morgan Stanley $60 → $71 Maintains Equal-Weight
02/03/2021 -57.52% Credit Suisse → $63 Upgrades Neutral → Outperform
12/09/2020 -59.54% Morgan Stanley → $60 Initiates Coverage On → Equal-Weight
11/20/2020 Keybanc Downgrades Overweight → Sector Weight
10/15/2020 -67.63% Exane BNP Paribas → $48 Downgrades Outperform → Neutral
08/11/2020 Argus Research Downgrades Buy → Hold
06/10/2020 -66.96% Keybanc $45 → $49 Maintains Overweight
05/14/2020 -73.7% UBS $56 → $39 Maintains Neutral
05/13/2020 -69.66% Keybanc $49 → $45 Maintains Overweight
04/29/2020 -71.68% BMO Capital $35 → $42 Maintains Market Perform
04/17/2020 -71.68% JP Morgan $57 → $42 Maintains Overweight
03/30/2020 -72.35% Goldman Sachs $55 → $41 Upgrades Neutral → Buy
03/24/2020 -71% Keybanc $60 → $43 Maintains Overweight
03/20/2020 -63.59% Credit Suisse $57 → $54 Maintains Outperform
02/18/2020 -59.54% Keybanc $62 → $60 Maintains Overweight
01/31/2020 -62.91% Goldman Sachs $60 → $55 Downgrades Buy → Neutral
01/29/2020 -61.56% Credit Suisse $61 → $57 Maintains Outperform
01/29/2020 Deutsche Bank Downgrades Hold → Sell
12/09/2019 Longbow Research Upgrades Neutral → Buy
11/14/2019 -62.24% UBS $57 → $56 Maintains Neutral
11/13/2019 -58.19% Keybanc $60 → $62 Maintains Overweight
08/27/2019 -59.54% Keybanc $61 → $60 Maintains Overweight
06/17/2019 -58.87% Keybanc $66 → $61 Maintains Overweight
06/04/2019 -60.22% Goldman Sachs $70 → $59 Maintains Buy
05/31/2019 -66.28% B of A Securities $68 → $50 Downgrades Buy → Underperform
05/22/2019 -55.5% Keybanc $70 → $66 Maintains Overweight
03/11/2019 Longbow Research Downgrades Buy → Neutral
01/09/2019 -58.19% Cowen & Co. → $62 Initiates Coverage On → Outperform
01/08/2019 Credit Suisse Upgrades Neutral → Outperform

What is the target price for Nucor (NUE)?

The latest price target for Nucor (NYSE: NUE) was reported by Morgan Stanley on October 31, 2023. The analyst firm set a price target for $154.00 expecting NUE to rise to within 12 months (a possible 3.84% upside). 21 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Nucor (NUE)?

The latest analyst rating for Nucor (NYSE: NUE) was provided by Morgan Stanley, and Nucor maintained their equal-weight rating.

When is the next analyst rating going to be posted or updated for Nucor (NUE)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nucor, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nucor was filed on October 31, 2023 so you should expect the next rating to be made available sometime around October 31, 2024.

Is the Analyst Rating Nucor (NUE) correct?

While ratings are subjective and will change, the latest Nucor (NUE) rating was a maintained with a price target of $162.00 to $154.00. The current price Nucor (NUE) is trading at is $148.30, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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