Cliffs Natural Resources (CLF -1.9%) is cut to Neutral from Buy at UBS, which sees a risk to the...

|About: Cliffs Natural Resources Inc. (CLF)|By:, SA News Editor

Cliffs Natural Resources (CLF -1.9%) is cut to Neutral from Buy at UBS, which sees a risk to the 7% dividend given the fall in iron ore prices; the target price is also dropped substantially, to $35 from $58. Longbow also downgrades shares to Neutral.