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STLDBearishAnalyst Target Updateanalyst
High materiality7/10

Steel Dynamics price target lowered to 291 from 293 at Wells Fargo

Jun 18, 2026, 6:01 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Target cut; bearish setup

AI summary

What happened, with direct paths to the underlying reporting

Wells Fargo lowers Steel Dynamics (STLD) price target to 291 from 293; current price around 270.13, signaling downside potential.

  • Wells Fargo lowers STLD PT to 291; price 270.13.

Key facts

  1. 01

    Target: $291

  2. 02

    Posted price: $270.13

  3. 03

    Analyst firm: Wells Fargo

How to read this signal

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