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Fly News Breaks for January 12, 2017
X
Jan 12, 2017 | 05:45 EDT
Credit Suisse analyst Curt Woodworth downgraded U.S. Steel to Neutral but raised his price target for the shares to $30 from $24. The rating change coincides with the analyst's downgrade of the Steel sector to Market Weight.
News For X From the Last 2 Days
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Apr 23, 2024 | 09:36 EDT
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Apr 23, 2024 | 08:47 EDT
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Apr 23, 2024 | 08:43 EDT
Says will continue to buy back stock "hand over fist." Says Cleveland-Cliffs (CLF) "the only U.S. solution" for U.S. Steel (X). Says will have to "re-assess value" of U.S. Steel. Says targeting net debt to EBITDA of 2.5x. Says balance sheet in "great shape, near record liquidity." Sees CapEx ~$1B/year from 2025-2028. Comments taken from Q1 earnings conference call.
