je.st
news
KeyBanc's Gibbs Cuts Rating On Nucor Corp After New Guidance
2016-02-29 20:52:20| Steel - Topix.net
KeyBanc Capital Markets' Philip Gibbs downgraded the rating for Nucor Corporation from Overweight to Sector Weight, while removing the price target. He expressed concern regarding the company's lackluster 1Q outlook, higher scrap costs, weaker plate/bar pricing, and higher corporate SG&A.
Tags: rating
corp
guidance
cuts
Category:Materials
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||