Cliffs Natural Resources (CLF) is cut to Sell from Hold at Dahlman Rose, which believes the...

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

Cliffs Natural Resources (CLF) is cut to Sell from Hold at Dahlman Rose, which believes the run-up in iron ore prices has run its course with CLF most vulnerable to the risk of a quick reversal. The firm also cuts BHP Billiton (BHP) from Buy to Hold to reflect weaker price expectations across its product spectrum, and lowers its price target for Rio Tinto (RIO) to $70 from $95. CLF -1.2% premarket.