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Fly News Breaks for February 5, 2016
CLF
Feb 5, 2016 | 06:42 EDT
Deutsche Bank analyst Jorge Beristain says that while successful execution of the recently announced debt exchange offer could bring a short-term catalyst for shares of Cliffs Natural, it may not alter medium-term solvency concerns. Post the company's Q4 results, the analyst cut his price target for the shares to $1.00 from $1.50 on lower iron ore realizations. He believes solvency concerns are mounting and reiterates a Sell rating on Cliffs.
News For CLF From the Last 2 Days
CLF
Apr 16, 2024 | 15:40 EDT
Metals & Mining Analyst Englert, along with Rye Druzin of Argus Media, discuss recent flat rolled steel pricing, supply and demand trends, and the near-term outlook for fundamentals (relevant companies ASTL CLF NUE STLC STLD X RS WS) on an Analyst/Industry conference call to be held on April 19 at 11 am.