Acerinox Sa (NASDAQ:ANIOY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Thursday.

According to Zacks, “Acerinox, S.A. is engaged in production and selling stainless steel. The Company also offers slabs, billets, black coils, sheets, angles and bars. It operates primarily in Spain, USA, South Africa and Malaysia. Acerinox, S.A. is headquartered in Madrid, Spain. “

Separately, Jefferies Group LLC upgraded Acerinox Sa from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.

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