By: Benzinga
UPDATE: Cowen Upgrades Cliffs Natural Resources as Potential Catalysts Take Shape
In a report published Thursday, Cowen and Company analyst Anthony B. Rizzuto Jr. upgraded the rating on Cliffs Natural Resources (NYSE: CLF ) from Underperform to Market Perform, and raised the price target from $11.00 to $20.00. In the report, Cowen and Company noted, “We have identified several potential catalysts
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