Nucor, headquartered in Charlotte, North Carolina, manufactures steel products and materials, employing 32,000 people across segments like steel mills, steel products, raw materials, and data systems. Their offerings include various steel types and components for diverse applications.
NUE has been in the news recently: UBS upgraded Nucor with a price target of $160, anticipating significant growth potential for the company. Additionally, Steel Dynamics was also upgraded to a "buy" with a price target of $149, reflecting optimism in the steel sector.
📡️ Materials
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