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Fly News Breaks for April 27, 2017
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Apr 27, 2017 | 05:51 EDT
Deutsche Bank analyst Jorge Beristain downgraded U.S. Steel to Hold citing lower EBITDA and higher cash burn post the Q1 results. The analyst cut his price target for the shares to $30 from $45. With management credibility diminished, better options exist elsewhere, the analyst tells investors in a research note.
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