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

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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
Feb 2017Bank of AmericaUpgradesNeutralBuy
Dec 2016UBSDowngradesSell
Nov 2016RBC CapitalUpgradesSector PerformOutperform

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Posted-In: News Upgrades Analyst Ratings

 

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