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ArcelorMittal Shares Moving Higher Amid Results from X, STLD, AKS, Upgrade at RBC

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BofA Upgrades ArcelorMittal, Sees 21% Upside Potential
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ArcelorMittal's Q2 Earnings & Revenues Beat Estimates - Analyst Blog (Zacks)

RBC Capital earlier upgraded ArcelorMittal (NYSE: MT) from Sector Perform to Outperform.

The stock is up about 4 percent to $16.74 at last check.

Also likely affecting shares of ArcelorMittal Tuesday morning, US Steel, Steel Dynamics and AK Steel have each reported quarterly results recently. Shares of US Steel and Steel Dynamics shares are trading very slightly lower lower shares of AK Steel are trading up nearly 15 percent on a fourth-quarter beat.

Latest Ratings for MT

DateFirmActionFromTo
May 2015Bank of AmericaUpgradesNeutralBuy
May 2015Stephens & Co.Initiates Coverage onOverweight
Apr 2015Exane BNP ParibasDowngradesNeutralUnderperform

View More Analyst Ratings for MT
View the Latest Analyst Ratings

Posted-In: News Upgrades Analyst Ratings

 

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