Market Overview

UPDATE: Dahlman Rose Upgrades AK Steel Holding Corporation to Hold

Related AKS
Morgan Stanley: Steel Production Near Its Peak
Stocks Hitting 52-Week Highs

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.

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

 

Related Articles (AKS)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters