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Cliffs Natural Resources Shares Up 6% After Price Target Lifted By JP Morgan (CLF)

By Chip Brian

3/12/2010- Cliffs Natural Resources (NYSE:CLF) shares are trading 5.9% higher at $63.89 after JP Morgan Chase raised it price target for the company.
The bank lifted the target to $83, up from $60, and cited the potential for higher iron ore and coal prices.

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Ticker(s): CLF