BofA/Merrill Lynch Downgrades AK Steel (AKS) to Underperform

BofA/Merrill Lynch downgraded AK Steel (NYSE: AKS) from Neutral to Underperform saying they see a capital raise soon.

For an analyst ratings summary and ratings history on AK Steel click here. For more ratings news on AK Steel click here.

Shares of AK Steel closed at $9.57 yesterday, with a 52 week range of $5.51-$17.88.

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Merrill Lynch, Bank of America

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