JP Morgan Maintains Neutral on United States Steel, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Peterson maintains a Neutral rating on United States Steel (NYSE:X) but lowers the price target from $43 to $40.
July 16, 2024 | 2:18 pm
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JP Morgan analyst Bill Peterson maintains a Neutral rating on United States Steel (NYSE:X) but lowers the price target from $43 to $40.
The lowered price target from $43 to $40 suggests a less optimistic outlook for United States Steel, which could negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100