KeyBanc analyst Phillip Gibbs raised the firm’s price target on Steel Dynamics (STLD) to $165 from $152 to reflect further confidence in aluminum momentum, while keeping an Overweight rating on the shares. Post the company’s Q3 results, the firm lowers its Q4 to reflect normal seasonality and tighter Steel spreads.
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 STLD:
- Steel Dynamics price target raised to $173 from $145 at Morgan Stanley
- Steel Dynamics price target raised to $167 from $155 at BMO Capital
- Steel Dynamics price target raised to $180 from $165 at Jefferies
- Steel Dynamics Reports Strong Q3 2025 Results
- Steel Dynamics Reports Record Shipments and Strong Growth