Iron ore price, page-53154

Keep in mind most analysts haven't updated their numbers post the jobs cutting announcement.

All that research should get updated post the quarterly now and I think we should see some upgrades (at least in terms of share price targets) if not recommendations.

The drop in IO means nothing as that was always the base case.

The only analyst which has published research since the job cuts announcement that I know of is MQG which lifted it's price target by 14% to like $14 or something... MQG is an extreme outlier.

I'd be anticipating some of the analysts around $19 to maybe get to $21 now and perhaps change from sells to naturals etc.

I don't see much in this quarterly that should change much else with their numbers.