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RS - AK Steel gets two-notch upgrade Reliance Steel double downgrade at BAML
Reliance Steel & Aluminum Co.
AK Steel (AKS+0.4%) edges higher after BofA Merrill Lynch issues a two-notch upgrade to Buy from Underperform with a $6 price target, raised from $5, as the firm says it is now modeling 2019 spot benchmark hot rolled coil at $750/short ton vs. $700/short ton previously.
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