Credit Suisse 05/02/2010 1 Outperform $3.73 39.2%
Having revised its iron ore, coking coal and scrap and steel price assumptions the broker has adjusted its forecasts for the company, though the changes have no impact on its price target for the stock.
While input cost recovery remains a risk to FY11 numbers the broker sees enough value to retains its Outperform rating on the stock.
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