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JPMorgan Upgrades Cliffs Natural Resources, Sees 50%+ Upside
Tuesday, May 31, 2016 - 10:01am | 308Read More...Given that there is 37 percent short interest in Cliffs Natural Resources Inc (NYSE: CLF), JPMorgan’s Michael F. Gambardella believes that the positive merits of the company are being underappreciated by the market and there is near-term upside potential. Gambardella upgraded the rating on...
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Major Steel Players Set For Better 2017, JPMorgan Says
Tuesday, April 5, 2016 - 10:18am | 401Read More...Higher steel prices have set the stage for improved performances by the major players in the Steel industry. JPMorgan’s Michael F. Gambardell commented on four Steel majors, revisiting their estimates. US Steel Analyst Michael Gambardell maintained an Overweight rating for United States...
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Alcoa and Century Aluminum Fall Amid JP Morgan Downgrades
Monday, February 9, 2015 - 1:11pm | 196Read More...Shares of Alcoa Inc (NYSE: AA) and Century Aluminum Co (NASDAQ: CENX) fell Monday amid downgrades from JP Morgan. Analyst Michael F. Gambardella made the downgrades due to “deteriorating aluminum fundamentals.” Alcoa was downgraded from Overweight to Neutral and its price target...
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JP Morgan Downgrades Alcoa On Deteriorating Fundamentals
Monday, February 9, 2015 - 10:28am | 109Read More...In a First to Market note out Monday morning, JP Morgan analyst Michael F. Gambardella downgraded shares of Alcoa Inc (NYSE: AA) to Neutral based on deteriorating aluminum fundamentals. In the note, Gambardella stated, "We are downgrading AA to Neutral from Overweight and lowering our...
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UPDATE: J.P. Morgan Upgrades RTI International Metals On Multiple Positive Factors
Friday, May 23, 2014 - 8:41am | 210Read More...In a report published Friday, J.P. Morgan analyst Michael F. Gambardella upgraded the rating on RTI International Metals (NYSE: RTI) from Neutral to Overweight, and raised the price target from $32.00 to $34.00. In the report, J.P. Morgan noted, “We are upgrading shares of RTI to Overweight from...
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UPDATE: J.P. Morgan Downgrades GrafTech International Ltd. on Cut 2014 EPS Forecast
Wednesday, October 16, 2013 - 9:24am | 229Read More...In a report published Wednesday, J.P. Morgan analyst Michael F. Gambardella downgraded the rating on GrafTech International Ltd. (NYSE: GTI) from Neutral to Underweight, and lowered the price target from $6.50 to $6.00. In the report, J.P. Morgan noted, “Although GTI is the only graphite electrode...
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UPDATE: J.P. Morgan Downgrades Thompson Creek Metals on Lower Metal Price Assumptions
Wednesday, July 17, 2013 - 9:43am | 189Read More...In a report published Wednesday, J.P. Morgan analyst Michael F. Gambardella downgraded Thompson Creek Metals (NYSE: TC) from Overweight to Neutral, and removed the $5.00 price target. In the report, J.P. Morgan noted, “We are downgrading TC to Neutral from Overweight due to lower metal price...
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UPDATE: J.P. Morgan Downgrades Alcoa to Neutral on Lower Aluminum Price Forecasts
Wednesday, July 3, 2013 - 8:34am | 159Read More...In a report published Wednesday, J.P. Morgan analyst Michael F. Gambardella downgraded the rating on Alcoa (NYSE: AA) from Overweight to Neutral, and lowered the price target from $12.00 to $9.00. In the report, J.P. Morgan noted, “We are downgrading Alcoa to Neutral from Overweight, establishing...
