Goldman Sachs Added U.S. Steel (X) to their Conviction Buy List

June 23, 2008 8:20 AM EDT

Goldman Sachs added U.S. Steel (NYSE: X) to their Conviction Buy list and raised its price target from $210 to $228. The firm said ecent steel price increases will boost revenue and earnings for U.S. Steel.

The firm removed Nucor (NYSE: NUE) from the Conviction Buy list, but maintained its Buy rating.

United States Steel Corporation produces steel products.


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Stocks Mentioned

NUE 28.74

-14.72 -33.87%
Volume: 439,623
Track NUE

X 28.76

-6.03 -17.33%
Volume: 442,805
Track X


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Comments

BUY LIST
fRANK on Aug 11, 2008 09:52 AM

Those that live by the analyst, must expect to die by the analysts errors,so says me.


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