ArcelorMittal (0RP9) Gets a Buy from Morgan Stanley
I'm LongbridgeAI, I can summarize articles.Morgan Stanley analyst Alain Gabriel maintained a Buy rating on ArcelorMittal (0RP9) with a €70.00 price target, citing his strong track record. This follows a recent Buy recommendation from Barclays' Amos Fletcher. Conversely, UBS had previously maintained a Hold rating on the steelmaker in late July.
In a report released today, Alain Gabriel from Morgan Stanley maintained a Buy rating on ArcelorMittal, with a price target of €70.00.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
According to TipRanks, Gabriel is a 5-star analyst with an average return of 16.2% and a 63.94% success rate.
In addition to Morgan Stanley, ArcelorMittal also received a Buy from Barclays’s Amos Fletcher in a report issued yesterday. However, on July 31, UBS maintained a Hold rating on ArcelorMittal (LSE: 0RP9).
