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ArcelorMittal raised to Buy at BofA as European contribution shrinking (NYSE:MT)

Headquarters of ArcelorMittal France

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ArcelorMittal (NYSE:MT) +3.1% in Thursday’s trading as Bank of America upgrades shares to Buy from Neutral with a €31 price target, raised from €28, finding the stock’s current valuation compelling at a low multiple relative to underlying regions where it has significant

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