ArcelorMittal Shares Rise After Jefferies Upgrade

MT Newswires Live

02/12

ArcelorMittal (MT) shares were up nearly 5% in recent Wednesday trading after Jefferies upgraded the steel manufacturer's stock to buy from hold and raised its price target to $73.20 From $51.10.

Trading volume stood at nearly 1.6 million shares, compared with a daily average of about 1.5 million.

Price: 66.21, Change: +3.12, Percent Change: +4.95

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