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Re: Saving Grace post# 6086

Sunday, 11/29/2020 7:37:36 PM

Sunday, November 29, 2020 7:37:36 PM

Post# of 8630
So, what price targets make sense for Cliffs now that the planned acquisition of the MT US assets has passed the government anti trust regulatory review and key tariffs are said to be getting extended? The two most recent analyst price targets were for $12 and $15.75 pps and we can see Cliffs closed in the elevens on Friday. It has been about two years since Cliffs traded in the $11 to $13 pps range and it seems Cliffs financials are looking stronger from multiple perspectives. Thoughts?
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