Another day, another new 52-week low for Cliffs Natural Resources (CLF -7.2%) after Goldman...
Tuesday, March 19, 12:10 PM ETAnother day, another new 52-week low for Cliffs Natural Resources (CLF -7.2%) after Goldman Sachs cut its price target to $20 from $24. CLF has more problems than just weak iron ore prices, the firm says, most notably the inability to control costs at its Bloom Lake mine. Yesterday, BAML cut its price target to $25, and shares plunged through BAML's barrier before the report's ink was dry.
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