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Fly News Breaks for July 28, 2016
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Jul 28, 2016 | 09:18 EDT
As noted earlier, Argus upgraded U.S. Steel to Buy from Hold. Argus analyst David Coleman expects the company to benefit from margin expansion, new tariffs, a stable to falling dolalr and a sooner than expected return to profitability after its Q2 profits beat expectations. Coleman noted that the company said it expects its results to improve in 2H16. Target $30.
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