Jefferies Cuts Numbers on AK Steel (AKS)
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Price: $1.55 --0%
Rating Summary:
2 Buy, 19 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 18 | New: 50
Rating Summary:
2 Buy, 19 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 18 | New: 50
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Jefferies cut estimates and its price target on AK Steel (NYSE: AKS) from $8 to $6, while maintaining its Hold rating.
The firm cited deterioration in steel/scrap pricing and a more cautious outlook for global demand.
FY12 EPS goes down from $0.27 to $0.15.
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 $5.32 yesterday.
The firm cited deterioration in steel/scrap pricing and a more cautious outlook for global demand.
FY12 EPS goes down from $0.27 to $0.15.
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 $5.32 yesterday.
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