President Donald Trump on Monday directed a powerful U.S. national security panel to take a fresh look at Nippon Steel's bid for U.S. Steel to help determine if "further action" is appropriate, raising hopes for an elusive greenlight for the deal.

Shares of U.S. Steel jumped on Monday after President Donald Trump said the company's proposed acquisition by Japan's Nippon Steel should be reviewed.

Turning to Wall Street, analysts have a Moderate Buy consensus rating on X stock based on two Buys and four Holds assigned in the past three months, as indicated by the graphic below. After a 3.42% rally in its share price over the past year, the average X price target of $42.60 per share implies 0.66% upside potential.