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Bank Of America Sours On Steel
Thursday, July 21, 2016 - 8:16am | 441Bank of America Merrill Lynch has downgraded steel stocks such as Nucor Corporation (NYSE: NUE) and Steel Dynamics, Inc. (NASDAQ: STLD) on softer steel prices. Analyst Timna Tanners has cut the rating of Nucor shares to Neutral from Buy on the steel price outlook, cautious long product views and...
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Bank Of America Upgrades US Steel To Neutral
Wednesday, June 15, 2016 - 10:53am | 332Bank of America Merrill Lynch analysts Timna Tanners and PT Luther have upgraded United States Steel Corporation (NYSE: X) shares to a Neutral rating from Underperform, citing increased expected benchmark sheet prices. The brokerage has a new price objective of $18.00 on the shares of the company....
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Bank Of America Sees Distribution Growth On Target For Suncoke Energy Partners LP
Wednesday, September 17, 2014 - 8:09am | 112In a report published Wednesday, Bank of America analyst PT Luther reiterated a Buy rating and $37.00 price target on SunCoke Energy Partners LP (NYSE: SXCP). In the report, Bank of America noted, “We believe growth opportunities at SunCoke Energy Partners (SXCP) are attractive via further drop...
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U.S. Building Material Update
Thursday, March 18, 2010 - 11:52am | 111Analysts Timna Tanners and PT Luther at UBS have released an update on U.S. Building Materials. On Thursday, the U.S. senate passed the Jobs Bill, which includes an extension of expired highway spending program SAFETEA-LU to December, 2010. Analysts believe that this is a positive development as...