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Fly News Breaks for December 17, 2015
AKS
Dec 17, 2015 | 07:20 EDT
Deutsche Bank analyst Jorge Beristain downgraded AK Steel to Sell in conjunction with his 2016 outlook. Metals & Mining equities are difficult to value with balance sheets reaching distressed levels, Beristain tells investors in a research note. He cut his price target for shares to $1 from $3.
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