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Nucor price target raised to $240 from $210 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Nucor (NUE) to $240 from $210 and keeps a Buy rating on the shares. Nucor is expected to see a positive market reaction to its Q1 earnings after delivering results that meaningfully exceeded both internal and consensus expectations across key financial metrics, the analyst tells investors in a research note.

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