Analysts Offer Insights on Materials Companies: Nucor (NUE) and Hudson Tech (HDSN)
Analysts have been eager to weigh in on the Materials sector with new ratings on Nucor (NUE – Research Report) and Hudson Tech (HDSN – Research Report).
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Nucor (NUE)
Bank of America Securities analyst Lawson Winder reiterated a Buy rating on Nucor yesterday and set a price target of $180.00. The company’s shares closed last Thursday at $159.56.
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 $177.33 average price target, an 11.1% upside from current levels. In a report issued on December 5, J.P. Morgan also maintained a Buy rating on the stock with a $200.00 price target.
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Hudson Tech (HDSN)
Craig-Hallum analyst Ryan Sigdahl maintained a Hold rating on Hudson Tech today. The company’s shares closed last Thursday at $7.46.
According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of
Hudson Tech has an analyst consensus of Moderate Buy, with a price target consensus of $9.50.
