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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 ...
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.
Ancora Holdings Group unveiled a turnaround plan for United States Steel Corp. it estimates would deliver more than $75 ...
The US Steel-Nippon deal appears off again after Trump reiterated that it should not be sold to Japan shortly after ordering ...
Turning to Wall Street, analysts have a Moderate Buy consensus rating on X stock based on two Buys and four Holds assigned in ...
AND MASS PRODUCE STEEL AT QUALITY. AND THE CLEAN SCAPE, THE GREEN TECHNOLOGY THAT NIPPON BRINGS WITH IT. IT’S ALL PLUSES FOR THE COMMUNITIES. THE MAYOR OF CLAIRTON ALSO SENDING US A STATEMENT ...
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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