Mar 20th- Steel Sector: US Steel upgraded; Olympic Steel downgraded@GSCO Goldman raised its U.S. HRC price outlook to $850 a short ton by this summer from $700 and 2009 to $806 from $660. The firm upgraded U.S. Steel (X) to Buy from Neutral and downgraded Olympic Steel (ZEUS) to Neutral from Buy. U.S Steel target to $150 from $128. Olympic Steel target to $44 from $40.
A Bull Made Of Steel [View article]
Steel Sector: US Steel upgraded; Olympic Steel downgraded@GSCO
Goldman raised its U.S. HRC price outlook to $850 a short ton by this summer from $700 and 2009 to $806 from $660. The firm upgraded U.S. Steel (X) to Buy from Neutral and downgraded Olympic Steel (ZEUS) to Neutral from Buy. U.S Steel target to $150 from $128. Olympic Steel target to $44 from $40.