Shares of US Steel (NYSE:X) and Helix Energy (NYSE:HLX) were downgraded while Jacobs Engineering (JEC) was upgraded on April 27 by various brokerages.
US Steel (X) was downgraded by Goldman Sachs (NYSE:GS) from "Buy" to "Neutral." They have a price target of $56 on X. Estimates were also cut, to line up with the new guidance of the company company.
Helix Energy (HLX) was downgraded by Morgan Stanley (NYSE:MS) to "Equal-weight." Morgan Stanley has a price target of $18 on the energy company. The soaring Valuation was cited as the reason for the downgrade, as the stock has soared 50 percent over the past three months.
Jacobs Engineering (JEC) was upgraded at BMO from "Market Perform" to "Outperform." BMO Capital has a price target of $60 on Jacobs. BMO said the firm is seeing better demand from its key end markets.
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