Analysts’ Recent Ratings Updates for ArcelorMittal (MT)

ArcelorMittal (NYSE: MT) has recently received a number of price target changes and ratings updates:

• 7/10/2026 – ArcelorMittal was upgraded by JPMorgan Chase & Co. from “underweight” to “neutral”.
• 7/9/2026 – ArcelorMittal had its price target raised by Wells Fargo & Company from $61.00 to $62.00. They now have an “equal weight” rating on the stock.
• 7/7/2026 – ArcelorMittal had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $70.00 price target on the stock.
• 7/6/2026 – ArcelorMittal had its “buy” rating reaffirmed by Jefferies Financial Group Inc..
• 5/20/2026 – ArcelorMittal had its “buy” rating reaffirmed by Citigroup Inc..

ArcelorMittal is a multinational steel manufacturing company formed in 2006 through the merger of Arcelor and Mittal Steel. Headquartered in Luxembourg, the company is one of the world’s largest producers of steel and operates an integrated value chain that spans raw material extraction, steelmaking, processing and distribution. Its product portfolio includes flat and long carbon steel products, coated and specialty steels, tubular products and value-added solutions tailored for sectors such as automotive, construction, household appliances, energy and packaging.

ArcelorMittal’s operations are global in scope, with production facilities, distribution networks and commercial activities across Europe, the Americas, Asia, Africa and the Commonwealth of Independent States.