Wells Fargo Upgrades Nucor (NUE) to Overweight, Raises Price Target to $167

Nucor Corporation (NYSE:NUE) is included among the 15 Best Stocks to Buy for Medium Term. Wells Fargo Upgrades Nucor (NUE) to Overweight, Raises Price Target to 167PhotobyVitalyTaranovonUnsplashOnNovember14,WellsFargoupgradedNucorCorporation(NYSE:NUE)fromEqualWeighttoOverweightandraiseditspricetargetto167 Photo by Vitaly Taranov on Unsplash On November 14, Wells⁠ Fargo upgraded Nucor Corporation (NYSE:NUE) fr​om Equal Weight to​ Overw‍e‌igh​t and rais⁠ed its price target to 167 from⁠ 147,accordingtoareportbyTheFly.ThefirmcitedhigherUSsteelpriceforecastsfor2026,whichareexpectedtolift2026EBITDAby12147, according to a report by The Fly. The firm cited higher US steel p‍rice‍ forecasts for 2026, which are expected to lift⁠ 2026​ EBITDA by 12% to‌ 5.1 bil ...