JP Morgan Upgrades United States Steel to Overweight, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has upgraded United States Steel (NYSE:X) from Neutral to Overweight and increased the price target from $40 to $42, indicating a positive outlook for the company's stock.
September 09, 2024 | 12:22 pm
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JP Morgan has upgraded United States Steel from Neutral to Overweight and raised the price target to $42, suggesting a positive short-term outlook for the stock.
The upgrade from Neutral to Overweight by JP Morgan indicates increased confidence in United States Steel's performance. The raised price target to $42 suggests potential upside, likely leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100