Dahlman Rose Downgrades Cliffs Natural Resources (CLF) to Sell, Sees Quick Reversal in Iron Ore Prices

January 15, 2013 8:44 AM EST
Get Alerts CLF Hot Sheet
Price: $8.78 +0.57%

Rating Summary:
    3 Buy, 12 Hold, 12 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 24 | Down: 17 | New: 14
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Dahlman Rose downgraded Cliffs Natural Resources (NYSE: CLF) from Hold to Sell, saying the sharp ramp in iron ore prices has run its course and they see risk of a quick reversal. CLF is the most vulnerable they said.

For an analyst ratings summary and ratings history on Cliffs Natural Resources click here. For more ratings news on Cliffs Natural Resources click here.

Shares of Cliffs Natural Resources closed at $36.14 yesterday.

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