Deutsche Bank Maintains a 'Buy' on US Steel (X); Cutting PT; Lower Steel Price Forecasts

June 27, 2012 10:45 AM EDT
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Price: $32.80 -1.74%

Rating Summary:
    7 Buy, 17 Hold, 4 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 1 | Down: 2 | New: 3
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Deutsche Bank maintains a 'Buy' on US Steel (NYSE: X) price target of $37.00 (from $40.00)

Analyst, David S. Martin, said, 'We see U.S. Steel as a leading beneficiary in our coverage of a weak USD and stubbornly high steelmaking raw material costs over the long term via its integrated business model."

For an analyst ratings summary and ratings history on US Steel click here. For more ratings news on US Steel click here.

Shares of US Steel closed at $18.73 yesterday.

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