Citigroup Maintains Neutral on United States Steel, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alexander Hacking has maintained a Neutral rating on United States Steel (NYSE:X) and raised the price target from $30 to $32.
September 26, 2023 | 2:56 pm
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NEUTRAL IMPACT
United States Steel's price target has been raised from $30 to $32 by Citigroup, while maintaining a Neutral rating.
The price target for United States Steel has been raised by Citigroup, which indicates a positive outlook for the company. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 12-18 months, which means the impact on the stock price in the short term may be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100