Brian Yu

In a report published Monday, Citigroup analyst Brian Yu reiterated a Neutral rating on Noranda Aluminum Holding Corporation (NYSE: NOR), but lowered the price target from $3.50 to $3.20. In the report, Citigroup noted, “Based on our 2014E and a 8.0x multiple we apply a 60% weighting on our $2.00/...

In a report published Monday, Citigroup analyst Brian Yu upgraded the rating on Goldcorp (NYSE: GG) from Neutral to Buy, but lowered the price target from $29.00 to $28.00. In the report, Citigroup noted, “Goldcorp's shares have traded down 34% YTD which makes sense given the 23% in the gold price...

In a report published Monday, Citigroup analyst Brian Yu downgraded the rating on CONSOL Energy (NYSE: CNX) from Buy to Neutral, and lowered the price target from $43.00 to $39.00. In the report, Citigroup noted, “We are adjusting our model for the recently announced thermal coal divestiture and...

In a report published Monday, Citigroup analyst Brian Yu reiterated a Neutral rating on Cliffs Natural Resources (NYSE: CLF), and raised the price target from $24.00 to $27.00. In the report, Citigroup noted, “Based on our revised commodity price forecasts we have raised our EPS estimates for ‘13...

In a report published Monday, Citigroup analyst Brian Yu downgraded the rating on Alpha Natural Resources (NYSE: ANR) from Neutral to Sell, but lowered the price target from $7.10 to $5.10. In the report, Citigroup noted, “ANR shares have risen 36% in 3Q despite falling spot prices. We recognize...

In a report published Monday, Citigroup analyst Brian Yu reiterated a Neutral rating on Arch Coal (NYSE: ACI), but lowered the price target from $4.50 to $4.30. In the report, Citigroup noted, “Based on our 2014E and a 12.0x multiple we apply an 80% weighting on our $4.10/sh EV/EBITDA valuation...

In a report published Thursday, Citigroup analyst Brian Yu reiterated a Buy rating on Walter Energy (NYSE: WLT), and raised the price target from $16.00 to $20.00. In the report, Citigroup noted, “After completing the $450 mln senior secured bond deal and repaying $250 mln in Term-Loan A debt...

In a report published Thursday, Citigroup analyst Brian Yu reiterated a Buy rating on CONSOL Energy (NYSE: CNX), and raised the price target from $36.00 to $43.00. In the report, Citigroup noted, “After updating our model for 3Q average prices, EIA shipment data and 4Q benchmark met prices, we...

In a report published Thursday, Citigroup analyst Brian Yu reiterated a Neutral rating on Cliffs Natural Resources (NYSE: CLF), and raised the price target from $20.00 to $24.00. In the report, Citigroup noted, “CLF is scheduled to report earnings after the market close Weds. October 24th, with a...

In a report published Monday, Citigroup analyst Brian Yu reiterated a Neutral rating on Silver Standard Resources (NASDAQ: SSRI), and raised the price target from $7.00 to $8.00. In the report, Citigroup noted, “After updating our model for lower 2Q results and new guidance, we are lowering our...

In a report published Monday, Citigroup analyst Brian Yu reiterated a Neutral rating on Cliffs Natural Resources (NYSE: CLF), and raised the price target from $18.00 to $20.00. In the report, Citigroup noted, “Based on better than expected results and spending cuts, we have raised our 2013 EPS...

According to an article on TheStreet, buying opportunities created by metal sell-offs over the past two weeks will trigger gains in base metals during this week. Europe's debt woes and China's property concerns are likely to result in continued volatility in the markets. However, buying sentiment...

Brian Yu of Citi maintains his "buy" rating on Cliffs Natural Resources Inc (NASDAQ: CLF). The target price for CLF has been raised from $43 to $51. According to Citi, spot iron ore prices in China indicate that there is a possibility of up to 40% hike in iron ore contract prices vs CIRA forecast...