Analyst notebook_ x (nyse_x) – sonoran weekly review

United States Steel (NYSE:X) closed the regular session up 3.12%, adding to its pre-market gain of 0.81% although UBS downgraded the shares to sell from neutral. In 28 analyst actions we’ve tracked, X has seen its analyst-driven pre-market movement widen during the following regular session 17 times. 4/8/16 Pre-Market: +0.81%; 4/8/16 Regular Session: +3.12% – UBS downgrade to sell from neutral. 1/28/16 Pre-Market: +1.95%; 1/27/16 Regular Session: +0.5% – Argus downgrade to hold from buy. 11/9/15 Pre-Market: -1.65%; 11/9/15 Regular Session: -3.6% – Morgan Stanley downgrade to equal weight from overweight. 8/25/14 Pre-Market: +3.57%; 8/25/14 Regular Session: +2.6% – Credit Suisse upgrade to outperform from underperform. 3/14/14 Pre-Market: -2.66%; 3/14/14 Regular Session: -1.4% – Credit Suisse downgrade to underperform from neutral. 11/22/13 Pre-Market: -1.88%; 11/22/13 Regular Session: -2.9% – Wells Fargo downgrade to underperform from market perform. 11/13/13 Pre-Market: +1.22%; 11/13/13 Regular Session: +2.1% – Morgan Stanley upgrade to overweight from equal weight. 10/22/13 Pre-Market: -0.37%; 10/22/13 Regular Session: -2.2% – UBS downgrade to neutral from buy. 1/2/13 Pre-Market: +5.7%; 1/2/13 Regular Session: +8.5% – Credit Suisse upgrade to outperform from neutral. 9/24/12 Pre-Market: -2.91%; 9/24/12 Regular Session: -1.7% – Citigroup downgrade to neutral from buy. 10/18/11 Pre-Market: -2.52%; 10/18/11 Regular Session: +3.3% – Goldman Sachs downgrade to sell from neutral. 8/24/11 Pre-Market: -2.02%; 8/24/11 Regular Session: -0.07% – Morgan Stanley downgrade to equalweight from overweight. 4/27/11 Pre-Market: -0.82%; 4/27/11 Regular Session: -4.7% – Goldman Sachs downgrade to neutral from buy. 9/21/10 Pre-Market: +0.37%; 9/21/10 Regular Session: -1% – Longbow cuts shares to nuetral from buy. 9/20/10 Pre-Market: -1.52%; 9/20/10 Regular Session: -1.7% – Goldman Sachs downgrades the shares to Neutral from Buy. 5/13/10 Pre-Market: +2.6%; 5/13 Regular Session: +1.7% – Goldman Sachs adds stock to Conviction Buy List. 3/8/10 Pre-Market: +3.2%; 3/8/10 Regular Session: +3.6% – Argus upgrades to Buy from Hold. 1/22/10 Pre-Market: -2.4%; 1/22/10 Regular Session: -4.6% – Goldman Sachs downgrade to Buy from Conviction Buy. 1/19/10 Pre-Market: +1.2%; 1/19/10 Regular Session: +5.5% – Deutsche Bank upgrade to Buy from Hold. 11/30/09 Pre-Market: +2%; 11/30/09 Regular Session: +3.7% – Goldman adds stock to Conviction Buy list. 12/22/2008 Pre-Market: declines to 36.24; 12/22/2008 Regular Session: down 8% to 34.10 – Deutsche Securities cuts to Hold. 9/3/08 Pre-Market: +0.5% to 120; 9/3/08 Regular Session: -0.5% at 118.75 – CIBC World Markets upgrade to Sector Outperform from Sector Perform. 3/24/08 Pre-Market: advances to 115.49; 3/24/08 Regular Session: up 3.5% to 118.50 – UBS downgrades stock to Reduce from Neutral 11/19/07 Pre-Market: bid slightly higher; 11/19/07 Regular Session: -3% – Soleil upgrades to Hold from Sell. 9/7/07 Pre-Market: modest gain; 9/7/07 Regular session: -1.5% – Citigroup upgrade to Buy from Hold. 7/20/07 Pre-Market: -1.8%; 7/20/07 Regular Session: -4.4% – Credit Suisse downgrades to Neutral from Outperform. 6/18/07 Pre-Market: -1.7%; 6/18/07 Regular Session: -1.9% – UBS downgrade to Reduce from Neutral. 6/12/07 Pre-Market: declines to 115.29; 6/12/07 Regular Session: -2.8% to 112.85 – Bear Stearns downgrade to Peer Perform.

The stock increased 3.06% or $0.49 on April 8, hitting $16.5. About 14.82 million shares traded hands. United States Steel Corporation (NYSE:X) has risen 0.76% since September 1, 2015 and is uptrending. It has underperformed by 5.94% the S&P500.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products.

This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.