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DewDiligence

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Re: winchem21 post# 24192

Wednesday, 06/16/2021 2:59:08 PM

Wednesday, June 16, 2021 2:59:08 PM

Post# of 30495
JPM starts coverage of CLF—price target=$39:

https://www.barrons.com/articles/sell-u-s-steel-because-other-steel-stocks-are-better-bets-analyst-says-51623865736

[JPM] analyst Michael Glick launched coverage of U.S. steel stocks on Wednesday…

…Cleveland-Cliffs has both traditional blast and electric furnaces, and mines its own iron ore, all points that Glick likes. He also believes value can be created as the company pays down debt from two recent acquisitions. His price target is $39 a share.

FWIW

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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