Shares of United States Steel Corporation X lost about 70 percent in 2015; however the stock is up more than 74 percent year-to-date. Having reached the crowd’s price target of $13.77 – and surpassed the analyst price target of $12.18, it seems like top raters believe there is no more upside left in the stock for now.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
On Friday, Vetr top raters downgraded United States Steel Corp’s stock rating to 1.5 Stars out of a possible 5.0 Stars. The crowd previously had a 2.0 Stars rating on the shares.
Despite the bearishness reflected by the 1.5 Stars rating, 50 percent of the crowd's ratings are still bullish.
A few weeks ago, Cowen & Company downgraded its rating on United States Steel’s stock from Outperform to Market Perform.
Related Link: 6 Stocks Trending In Short-Seller Circles: From Tesla To Fitbit
Earlier this week, FIS’ Astec Analytics included the shares in its list of hot stocks among short selling circles.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
