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With Nippon Deal In Trump's Court, JPMorgan Turns Cautious On US Steel
JP Morgan analyst Bill Peterson downgraded United States Steel Corporation (NYSE:X) from Overweight to Neutral and cut the price forecast from $43 to $38. The analyst cited the pending NSC deal, which seems to be ‘in the hands of the Trump administration’ as the reason.
That said, the stock has already gained more than 30% year to date — including a recent 25% surge over the past month ...
The Associated Press on MSN10d
US Steel hits 52-week high after Trump orders new security review of Nippon Steel bidA view of the United States Steel Mon Valley Works Clairton Plant, in Clairton, Pennsylvania, October 13, 2024. (AP ...
Nippon Steel and United States Steel are reportedly negotiating with the Trump administration to revive their $14 billion merger by significantly boosting investments in U.S. Steel’s Rust ...
President Donald Trump has ordered a review of a proposed purchase of U.S. Steel that had been blocked by former President ...
Trump orders new review of Nippon Steel's U.S. Steel buyout, potentially reviving the $14.9B deal blocked by Biden over ...
Turning to Wall Street, analysts have a Moderate Buy consensus rating on X stock based on two Buys and four Holds assigned in ...
The Motley Fool on MSN13d
Why Nucor and Steel Dynamics Are Better Bets Than U.S. Steel in 2025 and BeyondIf you have been interested in U.S. Steel, for whatever reason, you should really take a closer look at Nucor and Steel ...
for the Committee on Foreign Investment in the United States (CFIUS) to reexamine Nippon Steel’s proposed $15 billion acquisition of U.S. Steel. This move has reignited investor optimism ...
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