US Steel (X) Shares Catch a Bid as Deutsche Bank Adds to 'Short-Term Buy' List

Shares of US Steel (NYSE: X) are up about 5.5 percent Tuesday afternoon following an earlier call from Deutsche Bank's David Martin. The analyst added the stock to the firm's "Short-Term Buy" list.

Martin maintains a Buy rating and $42.50 price target on US Steel shares.

With the stock last trading at $27.89, Martin's price target implies potential price appreciation of more than 50 percent.

The entire metals complex is performing very strong Tuesday; iron and steel are leading this group. The SPDR S&P Metals and Mining ETF (NYSE: XME) is up 4 percent at last check.

Track our Analyst Ratings page to see all the market-moving analyst action on shares of US Steel.

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