Cleveland-Cliffs (CLF) Reports Q3 EPS of 18c

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Go back to Cleveland-Cliffs (CLF) Reports Q3 EPS of 18c

JPMorgan Downgrades Cliffs Natural Resources (CLF) to Neutral on Valuation

October 23, 2017 2:26 AM EDT

JPMorgan downgraded Cliffs Natural Resources (NYSE: CLF) from Overweight to Neutral with a price target of $7.00 (from $9.50).

Analyst Michael Gambardella cites lower USIO prices for the downgrade while reminding clients he continues to view the HBI project favorably over the LT. The... More