Wells Fargo analyst Timna Tanners raised the firm’s price target on Nucor (NUE) to $147 from $140 and keeps an Equal Weight rating on the shares. The firm says that after a solid Q3 and lower Q4 guide its price target rises to reflect solid data center demand and ability to take share from imports. Wells sees muted construction demand and remains on the sidelines.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NUE:
- Nucor’s Strong Q3 2025 Performance and Future Outlook
- Nucor’s Earnings Call Highlights Robust Growth Amid Challenges
- Nucor CEO: We’re seeing imports at a six year low
- Nucor price target raised to $165 from $152 at Morgan Stanley
- Nucor’s Strategic Advantage: Buy Rating Amid Tariff Protections and Revised Earnings Outlook