ArcelorMittal reports results for the first quarter 2018

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Arcelor Mittal (MT) PT Raised to $38 at Cowen

May 15, 2018 7:23 AM EDT

Cowen raised its price target on Arcelor Mittal (NYSE: MT) to $38.00 (from $35.00) while maintaining a Market Perform rating.

Analyst Novid Rassouli commented, "MT's outlook for 2Q18 was largely positive given the supportive market backdrop in essentially all segments. MT closed the Votorantim... More