UPDATE: Longbow Research Downgrades US Steel (X) to Neutral

July 27, 2017 5:15 AM EDT
Get Alerts X Hot Sheet
Price: $26.48 +3.97%

Rating Summary:
    9 Buy, 16 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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(Updated - July 27, 2017 8:10 AM EDT)

(updated to add analyst comment)

Longbow Research downgraded US Steel (NYSE: X) from Buy to Neutral.

Removes $30.00 price target. Analyst Chris Olin comments "trading upside could be limited following the President's latest comments. Yesterday, we proactivity adjusted the model to reflect the 2Q EPS beat and updated guidance."

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 $26.20 yesterday.

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