ArcelorMittal (MT) – Investment Analysts’ Weekly Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of ArcelorMittal (NYSE: MT) in the last few weeks:

• 10/15/2026 – ArcelorMittal was upgraded by JPMorgan Chase & Co. from “neutral” to “overweight”.
• 10/14/2026 – ArcelorMittal was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 10/9/2026 – ArcelorMittal was upgraded by UBS Group AG from “neutral” to “buy”.
• 10/6/2026 – ArcelorMittal had its price target lowered by Wells Fargo & Company from $69.00 to $64.00. They now have an “equal weight” rating on the stock.
• 10/5/2026 – ArcelorMittal was given a new $79.00 price target by Deutsche Bank Aktiengesellschaft. They now have a “buy” rating on the stock.
• 9/29/2026 – ArcelorMittal was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 9/23/2026 – ArcelorMittal had its “buy” rating reaffirmed by Jefferies Financial Group Inc..
• 9/11/2026 – ArcelorMittal was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 9/4/2026 – ArcelorMittal had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft.
• 8/24/2026 – ArcelorMittal is now covered by Morgan Stanley. They set an “overweight” rating and a $82.00 price target on the stock.

ArcelorMittal SA (NYSE: MT) is one of the world’s largest integrated steel and mining companies. The company produces steel products for the automotive, construction, appliance, energy, engineering and packaging industries, serving customers through a combination of primary steelmaking, finishing and distribution operations.

Its product portfolio includes flat steel, long steel, tubular products, bars, wire rod and specialized automotive steels. ArcelorMittal also operates iron ore mining and pelletizing activities that support its steel production and supply chain.

The company was formed in 2006 through the merger of Arcelor and Mittal Steel.