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Enter Symbol:
 
Steel Dynamics, Inc. (STLD) [hlAlert]

Rating:
Buy STLD
down 41.14 %

Steel Dynamics, Inc. (STLD) upgraded to Buy with price target $42 by Citigroup

Posted on: Friday,  Jul 11, 2008  8:25 AM ET by Citigroup

Citigroup rated Buy Steel Dynamics, Inc. (NASDAQ: STLD) on 07/11/2008, when the stock price was $33.08. Since
then, Steel Dynamics, Inc. has lost 41.14% as of 01/13/2016's recent price of $19.47.
If you would have followed this Citigroup's recommendation on STLD, you would have lost 41.14% of your investment in 2742 days.

Steel Dynamics, Inc. owns and operates a flat-rolled steel mini-mill. Steel Dynamics operates in the production and sale of hot-rolled and cold-rolled steel coils. The company's customers consist of intermediate steel processors, steel service centers and end users including manufacturers of cold-rolled strip, oil and gas transmission pipe, and mechanical and structural tubing.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2008 8:25 AM Buy
None
33.08 42.00
as of 12/24/2008
1 Week down  -4.63 %
1 Month up  26.42 %
3 Months up  5.87 %
1 YTD up  3.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/23/2008 8:25 AM Hold
None
36.17 40.00

(*) Stock Price at the time of the recommendation.
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