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Arcelormittal shares rise 2.79% premarket after Jefferies lowered its price target to 27 euros.
ByAinvest
Friday, Apr 11, 2025 8:31 am ET1min read
Arcelormittal rose 2.79% in premarket trading. The company's stock price increase can be attributed to the news that Jefferies has lowered its price target for ArcelorMittal to 27 euros but maintained a 'Hold' rating. The analyst cited short-term uncertainties regarding the economy, tariffs, and demand as reasons for the reduced target.
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