Nucor Corporation (NYSE:NUE) is included among the Dividend Stock Portfolio for Income: 15 Stocks to Invest In.
On March 26, UBS Group analyst Andrew Jones upgraded Nucor Corporation (NYSE:NUE) to Buy from Neutral and raised the price target to $190 from $184. The analyst pointed to the recent “excessive correction” as a buying opportunity. He told investors that US steel producers appear “largely insulated” from the Iran conflict. He also said the setup for Nucor looks favorable, citing limited direct exposure to energy and ongoing project growth supported by a stronger pricing and volume backdrop tied to federal support.
On March 25, KeyBanc Capital Markets initiated coverage on Nucor with a Sector Weight rating. The firm said it is revisiting its 2026 outlook for US carbon steel companies following recent due diligence and its Q1 proprietary Sheet on the Street survey. Its estimate revisions for Q1 and full-year 2026 came in mixed. Even so, it maintained its view that the sector is seeing clear year-over-year improvement in profitability, driven by better pricing and spreads.
Nucor Corporation (NYSE:NUE) manufactures steel and steel products and operates facilities across the United States, Canada, and Mexico. The company also produces and sources ferrous and non-ferrous materials, mainly for use in its own steel operations. It runs its business through three segments: steel mills, steel products, and raw materials.
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