Articles by: Nate Lawrence

Economy

AK Steel Holding Downgraded by Morgan Stanley to Equal-Weight, Price Target Cut to $3

AK Steel Holding (AKS) received an investment-rating downgrade Monday from Morgan Stanley to equal-weight from overweight as the firm warned clients it doesn’t expect a positive outcome for the steel company from resets of auto sheet contracts. Morgan Stanley also reduced its price target on AK Steel’s stock to $3 […]

by × January 28, 2019 × 0 comments