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Earnings Catalysts, M&A Opportunities Earn Steel Dynamics An Upgrade
Friday, October 20, 2017 - 8:59am | 398Read More...Earnings and M&A catalysts have added sheen to Steel Dynamics, Inc. (NASDAQ: STLD) shares. Citing these two catalysts, KeyBanc Capital Markets upgraded shares of Steel Dynamics and raised its earnings per share estimates for the company. As such, the firm upgraded shares of Steel Dynamics...
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Analyst Explains Why AK Steel Was The Best Turnaround Story Of 2016
Tuesday, January 10, 2017 - 4:10pm | 275Read More...AK Steel Holding Corporation (NYSE: AKS) was one of 2016's hottest stocks, having gained around 125 percent over the past three months alone and more than 360 percent over the past year. Philip Gibbs of Keybanc was a guest on CNBC to explain what contributed to the extraordinary gains....
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KeyBanc's Gibbs Cuts Rating On Nucor Corp After New Guidance
Monday, February 29, 2016 - 10:31am | 294Read More...KeyBanc Capital Markets’ Philip Gibbs downgraded the rating for Nucor Corporation (NYSE: NUE) from Overweight to Sector Weight, while removing the price target. He expressed concern regarding the company's lackluster 1Q outlook, higher scrap costs, weaker plate/bar pricing, and higher...
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Keybanc Initiates TimkenSteel At Sector Weight, Notes 'Unique Assets Balanced With Oil & Gas Malaise'
Monday, August 31, 2015 - 1:13pm | 370Read More...Shares of Timkensteel Corp (NYSE: TMST) were moving after Philip Gibbs of KeyBanc initiated coverage of the stock with a Sector Weight rating with no assigned price target. TimkenSteel is a leading U.S. producer of special bar quality (SBQ) alloy steels and seamless mechanical tubing. As such,...
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KeyBanc: M&A And Potential Trade Cases Strengthen Certain Steel Companies
Monday, August 4, 2014 - 12:42pm | 697Read More...According to analysts at KeyBanc, there exists a solid stream of macro-economic and other data sects which indicates there exists a demand recovery in the steel market. This bodes well for the risk-reward characteristics in shares of United States Steel (NYSE: X) and Steel Dynamics (NASDAQ:...
