Analysts’ Top Materials Picks: Gold Resource (GORO), Nucor (NUE)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Gold Resource (GORO – Research Report) and Nucor (NUE – Research Report) with bullish sentiments.
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Gold Resource (GORO)
H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Gold Resource today and set a price target of $2.00. The company’s shares closed last Monday at $1.74.
According to TipRanks.com, Ihle is a top 25 analyst with an average return of
Currently, the analyst consensus on Gold Resource is a Moderate Buy with an average price target of $1.63.
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Nucor (NUE)
In a report released yesterday, Lawson Winder from Bank of America Securities maintained a Buy rating on Nucor, with a price target of $190.00. The company’s shares closed last Monday at $177.66.
According to TipRanks.com, Winder is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nucor with a $181.63 average price target, a -0.5% downside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $201.00 price target.
