Wolfe Research Downgrades United States Steel to Underperform, Announces $19 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wolfe Research analyst Timna Tanners downgraded United States Steel (NYSE:X) from Peer Perform to Underperform and announced a $19 price target.
June 01, 2023 | 1:20 pm
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United States Steel (NYSE:X) has been downgraded to Underperform by Wolfe Research, with a new price target of $19.
The downgrade from Peer Perform to Underperform by Wolfe Research indicates a negative outlook for United States Steel. The new price target of $19 suggests a potential downside, which may lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100