U.S. Steel Stock Price Targets Are Rising, but Nobody's Newly Bullish | Barron's

2022-10-15 18:24:13 By : Ms. Lorna Lee

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https://www.barrons.com/articles/us-steel-stock-russia-ukraine-51647354035

Price targets for United States Steel stock keep going up because inflation is real.

Tuesday, Citigroup analyst Alexander Hacking raised his price target for U.S. Steel (ticker: X) stock to $34 from $30. Hacking wrote the U.S. “sits in the middle of massive steel inflation spreading out of Europe.” Steel prices might fall in China, but “Europe is more relevant, in our view.”

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Price targets for United States Steel stock keep going up because inflation is real.

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