UBS Maintains a 'Buy' on US Steel (X); Raising Estimates From the Sale in Serbia

February 1, 2012 12:55 PM EST
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Price: $54.84 --0%

Rating Summary:
    9 Buy, 17 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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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.


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