KeyBanc Downgrades US Steel (X) to Hold; Valuation Call After Recent Run

KeyBanc downgraded US Steel (NYSE: X) from Buy to Hold.

KeyBanc analyst said, "...shares have outpaced the S&P 500 by 4% year-to-date and we suspect the shares may give back some outperformance in the absence of positive near-term flat-rolled pricing catalysts."

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 $29.40 yesterday, with a 52 week range of $18.85-$64.03.

---

Discover Wall Street's best ratings calls with the pros - Upgrade to Ratings Insider Elite. Free Trial!

You May Also Be Interested In

• UPDATE: UBS Downgrades Wisconsin Energy (WEC) to Neutral; Taking Some Off The Table
• Einhorn Steals the Show at Ira Sohn: Bearish on MLM, Amazon, Dick's; Positive on Apple (MLM) (AMZN) (DKS) (AAPL)
• Wedbush Downgrades Maxwell Technologies (MXWL) to Neutral; Elevated Competitive and Supply Chain Risks

Create E-mail Alert Related Categories

Downgrades

Related Entities

KeyBanc, Standard & Poor's

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?

Follow StreetInsider.com On Twitter