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Credit Suisse Remains Bullish On U.S. Steel

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Analysts at Credit Suisse on Monday upgraded shares of U.S. Steel (NYSE: X) to Outperform from Underperform.

Analysts at Credit Suisse stated, "The company's raw material cost advantages as well as privileged steel price environment should position X as one of the most profitable steel makers in the world.”

The steel sector has been strong this year. Shares of U.S. Steel are up more than 50 percent from the lows in June.

Analysts at Compass Point  maintained an Outperform rating.

Shares of U.S Steel were last trading at $39.10, up 3.4 percent in the pre-market session.

Latest Ratings for X

DateFirmActionFromTo
Jul 2016Bank of AmericaDowngradesNeutralUnderperform
Jul 2016Argus ResearchUpgradesHoldBuy
Jul 2016CLSAMaintainsSell

View More Analyst Ratings for X
View the Latest Analyst Ratings

Posted-In: Compass Point Credit SuisseAnalyst Color Upgrades Analyst Ratings

 

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