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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.
The deal, announced in December 2023, has faced headwinds from the start. Both former President Joe Biden and Trump last year ...
US Steel (NYSE:X) dropped 6% partly as President Donald Trump said he likes Nippon Steel (OTCPK:NPSCY) as an investor and ...
(Reuters) -President Donald Trump on Monday directed a powerful U.S. national security panel to take a fresh look at Nippon ...
Ancora Holdings Group unveiled a turnaround plan for United States Steel Corp. it estimates would deliver more than $75 ...
Turning to Wall Street, analysts have a Moderate Buy consensus rating on X stock based on two Buys and four Holds assigned in ...
President Trump ordered on Monday a new review of a proposed U.S. Steel acquisition by Japanese corporation Nippon Steel. In ...
President Donald Trump on Monday directed a U.S. national security panel to take a fresh look at Nippon Steel's bid for U.S.
From the column: "It’s about parents putting food on the table, schools staying open, and towns on the Iron Range coming back ...
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