Coverage
Steel
Equity Research
Steel Dynamics Inc (STLD)
HOLD. 12-month probability-weighted target $256 (+7% vs spot). P/E Multiple explains 49% of Monte Carlo outcome variance.
Equity Research
Nucor Corp (NUE)
HOLD. 12-month probability-weighted target $252 (+1% vs spot). P/E Multiple explains 53% of Monte Carlo outcome variance.
Equity Research
Commercial Metals Company (CMC)
HOLD. 12-month probability-weighted target $65 (+1% vs spot). Gross Margin explains 50% of Monte Carlo outcome variance.
Equity Research
Cleveland-Cliffs Inc (CLF)
SELL. 12-month probability-weighted target $10 (-24% vs spot). Gross Margin explains 61% of Monte Carlo outcome variance.
Equity Research
Reliance Steel & Aluminum Co (RS)
SELL. 12-month probability-weighted target $307 (-24% vs spot). Gross Margin explains 57% of Monte Carlo outcome variance.