Morgan Stanley analyst Carlos De Alba raised the firm’s price target on Nucor (NUE) to $167 from $154 and keeps an Overweight rating on the shares. Steel prices are up in reaction to U.S. tariff policy, the analyst tells investors in a research note. The firm increased its 2025 steel price forecasts, but sees a pullback in the second half of 2025 on a “tempered steel demand outlook and widening import arbitrage.” I
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