Brian Yu

Citi’s Brian Yu downgraded the rating for Freeport-McMoRan Inc (NYSE: FCX) from Neutral to Sell, while maintaining a price target of $4.50. Against the backdrop of an expected downtrend in commodity prices and various debt maturities, the company has placed all of its assets under review...

Morgan Stanley recently issued a report on CDK Global Inc (NASDAQ: CDK) after expectations of end market consolidation and limited international reach. Morgan Stanley downgraded CDK Global from Equal-weight to Underweight, while raising the price target from $45 to $46. Analysts Brian Essex,...

Shares of Freeport-McMoRan Inc (NYSE: FCX) were trading higher Monday morning following mixed news as shares were upgraded at Citigroup and downgraded from analyst at Bank of America. Bank Of America: Bleak Near-Term Outlook Oscar Carbera of Bank of America downgraded shares to Underperform...

In a note to clients on Monday, Brian Yu of Citigroup downgraded Consol Energy, Inc. (NYSE: CNX) to Neutral from Buy with a $41 price target due to recent share appreciations. At the same time, the analyst resumed coverage of Alcoa Inc (NYSE: AA) with a Buy rating and $21 price target. "...

In a note Monday morning, analyst Brian Yu from Citigroup upgraded four names in the mining and energy space while downgrading one. He referred to the sectors as the "Metals and Mining Dust Bowls" given the big underperformance. Yu is attracted to the valuations at current levels...

Citi downgraded Cliffs Natural Resources Inc. (NYSE: CLF) from Neutral to Sell and lowered its price target from $16 to $5 in a report issued Monday. Analyst Brian Yu noted that iron ore prices continued to remain weak and at "$80/tonne iron ore, the company will likely need to shutter...

In a note published Monday, Citigroup analyst Brian Yu upgraded shares of Freeport-McMoRan Inc (NYSE: FCX) from Sell to Neutral with a $31 price target. Yu has based his rating on his cautious view for copper pricing, which he said could slow Freeport's ability to delever following the...

Arch Coal Inc (NYSE: ACI) shares gained 4 percent Monday after the company forecast better-than-expected third-quarter results. Shares of the St. Louis-based coal miner are off nearly 65 percent since January amid falling coal prices and worries about the company's liquidity. But the...

In a report published Tuesday, Citigroup analyst Brian Yu reiterated a Neutral rating on Cliffs Natural Resources (NYSE: CLF), but lowered the price target from $27.00 to $26.00. In the report, Citigroup noted, “We are lowering our 2014 estimate to $1.60 from $2.33 after adjusting our model for...

In a report published Monday, Citigroup analyst Brian Yu downgraded the rating on Walter Energy (NYSE: WLT) from Buy to Neutral, and lowered the price target from $20.00 to $19.00. In the report, Citigroup noted, “Spot benchmark hard coking coal (HCC) prices have dropped down to $141/tonne (...

In a report published Monday, Citigroup analyst Brian Yu reiterated a Neutral rating on United States Steel Corporation (NYSE: X), and raised the price target from $26.00 to $29.00. In the report, Citigroup noted, “Based on our revised commodity price forecasts, we have raised our EPS estimates...

In a report published Monday, Citigroup analyst Brian Yu downgraded the rating on Nucor Corporation (NYSE: NUE) from Buy to Neutral, but raised the price target from $52.00 to $55.00. In the report, Citigroup noted, “Based on our new commodity price forecasts we are maintaining our EPS estimates...