Dahlman Rose Reiterates Buy Rating On Cliffs Natural (CLF)

Analysts at Dahlman Rose are reiterating their Buy rating on shares of Cliffs Natural Resources

prior to the company's earnings report tomorrow after the closing bell. Despite being bullish on the stock, the analysts said that "we are slightly adjusting our number to take into consideration weakness in the broader steel sector, but we believe the resolution of an annual contract with steel producers bodes well for the future." The firm reiterated its Buy rating on CLF with an $85 price target. During today's trading session, CLF has lost 2.14% to $63.10.