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'Unusual' Bullish Options Activity in U.S. Steel (X) Ahead of Tomorrow's U.S. Ally Deadline for Steel & Aluminum Tariff Exemptions -Susquehanna

April 30, 2018 1:45 PM EDT

Susquehanna options strategist Alison Edwards notes unusual bullish options activity in U.S. Steel (NYSE: X) ahead of tomorrow's deadline for the steel and aluminum tariff exemptions for U.S. allies, as investor bought ~3500 May 34.5 Calls for up to $0.88

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US Steel (X) PT Lowered to $42 at Citi on Poor 2Q Guidance; Share Sell-Off a 'Significant Overreaction... Anticipate Uplift in Profits in 2H'

April 30, 2018 6:28 AM EDT

Citi lowered its price target on US Steel (NYSE: X) to $42.00 (from $46.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst Alexander Hacking notes a reduced outlook on the shares, as X reported first quarter earnings per share results above... More