ArcelorMittal: possible catalyst with Calvert according to UBS

(CercleFinance.com) - UBS reaffirms its 'buy' recommendation on ArcelorMittal, with a price target maintained at 26.
5 euros, a target that holds 9% upside potential for the European steel giant's stock.

The potential transfer of $1.8 billion in value to ArcelorMittal from Nippon's stake in Calvert could be the catalyst for an 8% increase in market capitalization if it occurs next month", the broker believes.

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