UBS Points to Pricing Strength Behind Nucor’s (NUE) Share Gains

Nucor Corporation (NYSE:NUE) is included among the Dividend Growth Stocks: 25 Aristocrats. UBS Points to Pricing Strength Behind Nucor’s (NUE) Share Gains On January 28, UBS analyst Andrew Jones cut Nucor Corporation (NYSE:NUE) to Neutral from Buy and raised the firm’s price target to $183 from $168. The move reflects what the analyst described as “full” valuation and pricing. UBS noted that Nucor shares have climbed 32% since mid-October, even after a softer fourth quarter, supported by strong pricing m ...