AK Steel (AKS) Misses Q1 EPS by 3c

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Credit Suisse Upgrades AK Steel (AKS) to Neutral

April 29, 2015 7:39 AM EDT

Credit Suisse upgraded AK Steel (NYSE: AKS) from Underperform to Neutral with a price target of $5.50 following slightly weaker than expected Q1 results.

Analyst N. Littlewood said the numbers/earnings took a back seat to a Magnetation 100%/$256mn impairment.

"Positive Updates included: 1)... More