Market Overview

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

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Related MT
ArcelorMittal Projects Lower 2015 Core Profit
Earnings Scheduled For February 13, 2015
Steel prices slump to lowest in more than five years (Seeking Alpha)

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
Jan 2015Deutsche BankMaintainsHold
Nov 2014NordUpgradesHoldBuy
Nov 2014CitigroupDowngradesBuyNeutral

View More Analyst Ratings for MT
View the Latest Analyst Ratings

Posted-In: News Upgrades Analyst Ratings

 

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