What exactly did Morgan Stanley change for MT on Feb 17, 2026?

On Feb 17, 2026, Morgan Stanley maintained an **Overweight** rating for ArcelorMittal S.A. (MT) and raised its price target to **€54.30** from **€46.20**, increasing the projected valuation by **€8.10** while keeping the same buy-leaning stance.

Does the MT analyst rating mean I should buy the stock now?

An Overweight MT analyst rating means Morgan Stanley expects outperformance, but it is not a recommendation to buy for everyone. Consider your risk tolerance, euro exposure, and horizon before acting, and compare multiple analysts’ MT price target views.

How does the new MT price target affect expected returns?

Raising the MT price target to **€54.30** raises Morgan Stanley’s implied upside versus its prior target. The exact return depends on your entry price and currency conversion from euros to your trading currency. Use price targets alongside fundamentals.

Where can I read the Morgan Stanley note and other analyst moves for MT?

The Morgan Stanley update was reported by TheFly on Feb 17, 2026. Recent analyst activity, including a Jefferies upgrade, is covered by Investing.com. See both for primary reporting and cross-check with Meyka AI data.

Analyst Ratings

Morgan Stanley maintains Overweight on ArcelorMittal S.A. (MT) Feb 17, 2026

ByHuzaifa Zahoor February 18, 2026

Morgan Stanley on Feb 17, 2026 at 01:05 PM maintained an Overweight rating on ArcelorMittal S.A. (MT) and raised its price target to €54.30 from €46.20. The MT analyst rating update signals continued conviction from a major bank while moving the target up by €8.10. Morgan Stanley’s note was picked up by TheFly and shows a modest market move of 0.29% ($0.19) at the time of the release. Investors should note the firm kept the same stance while increasing expected upside in euros.