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US Steel (X) PT Raised to $50 at Jefferies Amid Tubular Recovery

March 30, 2017 8:11 AM EDT

Jefferies raised its price target on US Steel (NYSE: X) to $50.00 (from $45.00) while maintaining a Buy rating.

Analyst Seth Rosenfeld commented that a tubular recovery drives upside to the company's guidance.

The firm raised 2017 EBITDA to $1,675M (+$405) and 2018 to $1,408M (+$351) following... More