- An FTC inquiry into Media Matters impacts X’s advertising landscape.
- Analysts provide a mixed outlook for United States Steel Corp, with a consensus to “Outperform.”
- GuruFocus estimates suggest a potential valuation downside for United States Steel Corp.
The U.S. Federal Trade Commission has initiated a document request from Media Matters, as part of an investigative effort into potential collaborations with other media watchdogs. This investigation stems from allegations of organizing advertiser boycotts targeting X, the social media platform owned by Elon Musk. Musk has previously pursued legal action against Media Matters, accusing the organization of damaging X’s advertiser relations.
Wall Street Analysts’ Predictions
Investors looking into United States Steel Corp (X, Financial) will find that, according to 8 analysts, the one-year average target price stands at $42.28. Price forecasts range from a high of $50.00 to a low of $36.54. These targets suggest a modest downside of 1.45% from the present trading price of $42.90. For more in-depth analysis, visit the United States Steel Corp (X) Forecast page.
Brokerage Firms’ Consensus
The average recommendation from 11 brokerage firms positions United States Steel Corp (X, Financial) at a 2.4 rating, signaling an “Outperform” status. This rating falls within a spectrum where 1 indicates a Strong Buy, and 5 suggests a Sell, providing a confident outlook for potential investors.
Estimations by GuruFocus
According to GuruFocus estimates, the projected GF Value for United States Steel Corp (X, Financial) a year from now is $34.95. This estimation hints at an 18.53% downside from the current price point of $42.90. The GF Value is a calculation of what the stock’s fair trading value should be, drawing from historical trading multiples, previous business growth, and future performance projections. For a complete overview, check the United States Steel Corp (X) Summary page.