JP Morgan Maintains Neutral on United States Steel, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Peterson maintains a Neutral rating on United States Steel (NYSE:X) and lowers the price target from $47 to $43.
May 03, 2024 | 6:49 pm
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NEGATIVE IMPACT
JP Morgan maintains a Neutral rating on United States Steel and lowers the price target from $47 to $43.
The reduction in price target by JP Morgan suggests a bearish outlook on the stock's short-term price movement, potentially leading to a negative impact on investor sentiment and the stock's price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100