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United States Steel Co. (NYSE:X - Get Rating) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 24,080,000 shares, a decline of 34.7% from the September 30th total of 36,860,000 shares. Based on an average trading volume of 11,670,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 10.3% of the shares of the company are sold short.

StockNews.com initiated coverage on United States Steel in a research report on Wednesday. They set a "hold" rating on the stock.

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The Goldman Sachs Group decreased their target price on United States Steel from $21.00 to $18.00 in a research note on Thursday.

United States Steel (NYSE:X) updated its third quarter 2022 earnings guidance. The company provided EPS guidance of $1.90-$1.95 for the period, compared to the consensus estimate of $1.90.