Market Overview

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

Related MT
Bank Of America Not Surprised By ArcelorMitta SAl's Bid For ILVA
Steel Stocks Rally On Strong Outlooks From Nucor Corporation, United States Steel Corporation

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
Sep 2014MacquarieDowngradesOutperformNeutral
Sep 2014Credit SuisseUpgradesNeutralOutperform
Aug 2014Exane BNP ParibasUpgradesUnderperformNeutral

View More Analyst Ratings for MT
View the Latest Analyst Ratings

Posted-In: News Upgrades Analyst Ratings

 

Related Articles (MT)

Around the Web, We're Loving...

Get Benzinga's Newsletters