Nomura Upgrades AK Steel To Buy

Analysts at Nomura upgraded AK Steel Holding

from Neutral to Buy. The price target for AK Steel has been raised from $7 to $10. AK Steel shares have surged 37.14% over the past 52 weeks, while the S&P 500 index has gained 6.78% in the same period. AK Steel's shares fell 0.35% to $5.74 in after-hours trading.