Cliffs Natural downgraded to Underperform from Neutral at Macquarie Macquarie downgraded Cliffs Natural to Underperform following a reduction in 2014 iron ore price forecasts by 8% to 111/mt CFR China. The firm expects Cliffs to burn cash as both iron ore and met coal prices remain low an reduced its price target to $10 from $18.
News For CLF From The Last 14 Days
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Stocks with call strike movement; UAL CLF United Continental (UAL) September 55 call option implied volatility decreased 6% to 39, Cliffs Natural (CLF) September 18 call option implied volatility increased 3% to 41 according to IVolatility.