Barclays Upgrades ArcelorMittal to Overweight
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Amos Fletcher has upgraded ArcelorMittal (NYSE:MT) from Equal-Weight to Overweight.
August 19, 2024 | 10:25 am
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Barclays analyst Amos Fletcher has upgraded ArcelorMittal from Equal-Weight to Overweight, indicating a positive outlook for the company's stock.
The upgrade from Equal-Weight to Overweight by a reputable analyst at Barclays suggests increased confidence in ArcelorMittal's future performance. This is likely to attract more investors and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100