UBS has maintained a 'Buy' rating for ArcelorMittal, setting a target price of 26.50 euros following an industry conference. The steel group reassured investors about its disciplined capital allocation amid concerns over future investments, as highlighted by analyst Andrew Jones. In recent developments, Deutsche Bank Research raised its target for ArcelorMittal to 29 euros, while Goldman and JPMorgan adjusted their targets to 23.50 euros and 23 euros, respectively, both maintaining a 'Neutral' stance.