UBS Maintains a 'Buy' on US Steel (X); Raising Estimates From the Sale in Serbia
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UBS maintains a 'Buy' on US Steel (NYSE: X) price target raised from $34 to $38.
UBS analyst says, "As a result of the Serbia sale and positive flow-through from Tubular pricing, we are increasing our 2012 and 2013 estimates to $3.52/$4.93 from $3.34/$4.70. We introduce our 2014 estimate at $4.63."
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 $30.19 yesterday, with a 52 week range of $18.85-$64.03.
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UBS analyst says, "As a result of the Serbia sale and positive flow-through from Tubular pricing, we are increasing our 2012 and 2013 estimates to $3.52/$4.93 from $3.34/$4.70. We introduce our 2014 estimate at $4.63."
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 $30.19 yesterday, with a 52 week range of $18.85-$64.03.
Discover Wall Street's best ratings calls with the pros - Ratings Insider Elite. Free Trial!
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