Dahlman Rose Upgrades AK Steel (AKS) to Hold

Article Related Articles (1) Stock Quotes (1) Comments (0)

Dahlman Rose upgraded AK Steel (NYSE: AKS) from Sell to Hold.

"We are upgrading AKS to Hold from Sell as we believe the implications of its recent debt and equity issue have been priced in and near-term liquidity risk has been removed," the analyst comments. "Though we remain neutral on the steel sector, we favor service centers on a relative basis."

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 $3.79 yesterday, with a 52 week range of $3.42-$10.33.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: BofA/Merrill Lynch Upgrades Adobe (ADBE) to Buy
• Morgan Stanley Maintains Bullish Stance on Walter Energy (WLT)
• Goldman Sachs Upgrades Enbridge (ENB) to Conviction Buy

Create E-mail Alert Related Categories

Upgrades

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?