Cliffs Natural cut to Sell, price target slashed to $2 at Axiom

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Cliffs Natural cut to Sell, price target slashed to $2 at Axiom

posted on Mar 10, 2015 03:47PM

Cliffs Natural Resources (CLF -6%) is downgraded to Sell from Hold with a $2 price target, cut from $9, by Axiom Capital, which cites what it expects to be a near-term collapse in iron ore prices as well as currency devaluation lowering the cost curve for CLF's competitors. Read more »
More news on: Cliffs Natural Resources Inc., Commodities news, Stocks on the move

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