JP Morgan increased its price target to $33, increased its estimates and set a "neutral" rating, as the company is cutting costs.
Jefferies increased its price target to $35 from $31, increased its estimates and set a "hold" rating. The firm cited lower costs and stable pricing.
Must Read: Warren Buffett's 25 Favorite StocksSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The stock was down 1.6% to $32.50 in pre-market trading Thrusday. ----------- Separately, TheStreet Ratings team rates UNITED STATES STEEL CORP as a "hold" with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate UNITED STATES STEEL CORP (X) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and generally higher debt management risk." You can view the full analysis from the report here: X Ratings Report X data by YCharts
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.