Market Overview

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

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Benzinga's Top Upgrades
BofA Upgrades ArcelorMittal, Sees 21% Upside Potential
ArcelorMittal (MT) Hits 52-Week Low Amid Global Challenges (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
Aug 2015ABN AmroUpgradesAddBuy
May 2015Bank of AmericaUpgradesNeutralBuy
May 2015Stephens & Co.Initiates Coverage onOverweight

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View the Latest Analyst Ratings

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