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Actionable news in NUE: NUCOR CORPORATION,

Nucor (NUE) Stock Downgraded to 'Sell' at CLSA

NEW YORK (TheStreet) -- Nucor (NUE - Get Report) stock closed higher by 0.10% to $49.55 in Friday's trading session, even after CLSA downgraded shares to "sell" from "outperform" earlier today.

The firm increased its price target to $44 from $40 on the stock.

Nucor's recent stock rally has "gone too far too fast," as demand hasn't responded, CLSA contended, Barron's reports.

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Valuations have...