Latest news with #TimnaTanners
Business Insider
a day ago
- Business
- Business Insider
Wells Fargo Remains a Hold on Nucor (NUE)
Wells Fargo analyst Timna Tanners maintained a Hold rating on Nucor on August 13 and set a price target of $145.00. The company's shares closed last Friday at $145.41. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Tanners is a 2-star analyst with an average return of 0.8% and a 51.75% success rate. Tanners covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, ArcelorMittal, and Cleveland-Cliffs. In addition to Wells Fargo, Nucor also received a Hold from KeyBanc's Philip Gibbs in a report issued on August 7. However, on the same day, UBS maintained a Buy rating on Nucor (NYSE: NUE). Based on Nucor's latest earnings release for the quarter ending July 5, the company reported a quarterly revenue of $8.46 billion and a net profit of $603 million. In comparison, last year the company earned a revenue of $8.08 billion and had a net profit of $645.22 million Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NUE in relation to earlier this year. Earlier this month, Allen C Behr, the EVP of NUE sold 8,021.00 shares for a total of $1,150,050.98.
Business Insider
a day ago
- Business
- Business Insider
Wolfe Research Remains a Buy on AZZ (AZZ)
Wolfe Research analyst Timna Tanners maintained a Buy rating on AZZ on August 13 and set a price target of $128.00. The company's shares closed last Friday at $112.63. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Tanners covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, ArcelorMittal, and Cleveland-Cliffs. According to TipRanks, Tanners has an average return of 0.8% and a 51.75% success rate on recommended stocks. In addition to Wolfe Research, AZZ also received a Buy from Jefferies's Laurence Alexander in a report issued on August 15. However, on the same day, Robert W. Baird maintained a Hold rating on AZZ (NYSE: AZZ). The company has a one-year high of $117.35 and a one-year low of $70.90. Currently, AZZ has an average volume of 288.8K. Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AZZ in relation to earlier this year. Earlier this month, Kurt L. Russell, the CSO of AZZ sold 10,321.00 shares for a total of $1,158,016.20.
Business Insider
a day ago
- Business
- Business Insider
Wolfe Research Sticks to Its Buy Rating for Commercial Metals Company (CMC)
In a report released on August 13, Timna Tanners from Wolfe Research maintained a Buy rating on Commercial Metals Company, with a price target of $61.00. The company's shares closed last Friday at $56.31. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Tanners is a 2-star analyst with an average return of 0.8% and a 51.75% success rate. Tanners covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, ArcelorMittal, and Cleveland-Cliffs. In addition to Wolfe Research, Commercial Metals Company also received a Buy from Bank of America Securities's Sathish Kasinathan in a report issued on August 15. However, on August 13, UBS maintained a Hold rating on Commercial Metals Company (NYSE: CMC). The company has a one-year high of $64.53 and a one-year low of $37.92. Currently, Commercial Metals Company has an average volume of 1.01M.
