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Steel Stocks Gain Modeslty on Trump Victory

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Jefferies Upgrades US Steel (X) to Buy Following Trump Win

November 9, 2016 7:07 AM EST

Jefferies upgraded US Steel (NYSE: X) from Hold to Buy with a price target of $26.00 following Trump victory.

Seth Rosenfeld commented, "The US steel industry should stand out as a unique beneficiary of a Trump presidency. Protectionism will significantly rise; the US is... More