AK Steel (AKS) Tops Q1 EPS by 8c

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AK Steel (AKS) PT Lowered to $4.50 at Cowen

April 30, 2018 5:08 PM EDT

Cowen lowered its price target on AK Steel (NYSE: AKS) to $4.50 (from $5.00) while maintaining a Market Perform rating following 2Q18 guidance as implied EBITDA was below consensus, primarily due to a lack of upside for price realizations.

"The increased percentage of fixed... More