UPDATE: BMO Capital Markets Initiates Coverage on Steel Dynamics on Reasonable Balance Sheet, Dilution Potential
September 18, 2013 at 08:52 AM EDT
In a report published Wednesday, BMO Capital Markets analyst Meredith Bandy initiated coverage on Steel Dynamics (NASDAQ: STLD ) with a Market Perform rating and $18.00 price target. In the report, BMO Capital Markets noted, “BMO Research is initiating coverage of Steel Dynamics with a Market Perform rating and US$18