Market Overview

UPDATE: Dahlman Rose Upgrades AK Steel Holding Corporation to Hold

Share:
Related AKS
Analyst Sees Steel-Dumping Case On Horizon, Launches Sector Coverage
Clarkson Capital Markets Initiates On Metals & Miners

In a report published Wednesday, Dahlman Rose & Co. upgraded its rating on AK Steel Holding Corporation (NYSE: AKS) from Sell to Hold.

Dahlman Rose noted, “We are upgrading AKS to Hold from Sell as we believe the implications of its recent debt and equity issue have been priced in and near-term liquidity risk has been removed. Though we remain neutral on the steel sector, we favor service centers on a relative basis.”

AK Steel Holding Corporation closed on Tuesday at $3.82.

Latest Ratings for AKS

DateFirmActionFromTo
Apr 2015CitigroupMaintainsSell
Apr 2015Clarkson Capital MarketsInitiates Coverage onBuy
Apr 2015CitigroupMaintainsSell

View More Analyst Ratings for AKS
View the Latest Analyst Ratings

Posted-In: Dahlman Rose & Co.Analyst Color Upgrades Analyst Ratings

 

Related Articles (AKS)

Around the Web, We're Loving...

Get Benzinga's Newsletters