Iron ore price, page-41212

So has Credit Suisse reduced its price target or was it always $13.50? I presume it has reduced its price target since a few months ago?
If the price target has reduced what is Credit Suisse basis? Given that analysts run a DCF where they estimate the present value of the future cashflows (ie the long term iron ore profits) how have those future revenues reduced? Didn't Credit Suisse always understand that the iron ore price is cyclical and factor this into its valuation? Hence how has a short term drop in the iron ore price influenced the long term value of the company?
Or is Credit Suisse just following the herd and reducing its assumptions because the mood of the market has dropped since prices are lower?
If Credit Suisse has lowered its targets doesn't this just provide more proof that posters are better off doing their own research rather than listening to analysts?