There has been significant investment activity concerning Nucor Corporation (NUE). Firms such as GM Advisory Group, Franklin Resources, and Laurel Wealth Advisors LLC have increased their holdings. However, there have also been notable decreases in shares held by certain groups, including Prudential Financial, Legal & General Group Plc, and Advisors Asset Management Inc. Nucor's stock performance has seen some fluctuation, with Wells Fargo upgrading the stock to overweight and raising the price target to $167. Meanwhile, Citigroup also reaffirmed its buy rating and raised the price target to $180. Nucor Corporation has also announced solid guidance for Q1 2025 earnings, projecting bold growth plans based on data center steel demand. The company has also noted a forecasted slowdown for Q4, bringing its momentum story under scrutiny. Despite some pressure, Jim Cramer has emphasized Nucor's strength, stating that it is the only one that can provide steel at scale for data centers. With consecutive cash dividends and a solid earnings report, Nucor continues to be a strong player in the commodities market with high upside potential.
Nucor Corporation NUE News Analytics from Wed, 26 Mar 2025 07:00:00 GMT to Sat, 29 Nov 2025 11:58:46 GMT - Rating 6 - Innovation 2 - Information 7 - Rumor -5
