Morgan Stanley analyst Carlos De Alba raised the firm’s price target on Nucor (NUE) to $165 from $152 and keeps an Overweight rating on the shares. The firm is updating estimates following the Nucor’s Q3 report to include the latest company commentary and its own new price forecast, the analyst tells investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NUE:
- Nucor’s Strategic Advantage: Buy Rating Amid Tariff Protections and Revised Earnings Outlook
- Nucor’s Strong Q3 Performance and Strategic Initiatives Justify Buy Rating with $165 Price Target
- Nucor Reports Q3 2025 Earnings Increase
- Nucor reports Q3 adjusted EPS $2.63, consensus $2.16
- Nucor sees Q4 earnings ‘lower than’ Q3