Wolfe Research downgraded U.S. Steel (X) to Peer Perform from Outperform without a price target. The shares are trading near the Nippon Steel (NPSCY) takeout value, the analyst tells investors in a research note. The firm believes President Trump looks set to approve the deal.
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- Top Analysts Weigh In on Trump’s Approval of U.S. Steel-Nippon Deal
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