Gambardella @ Metals: The Squeeze is Over. Sell.

J.P. Morgan’s metals whiz Michael Gambardella is downgrading the North American Metals & Mining space this morning: Among the most interesting names: - Cliffs Natural (NYSE:CLF) to Neutral from Overweight with $36 price target (prev. $55) - U.S. Steel (NYSE:X) to Neutral from Overweight with $29 price target (prev. $43) - Others downgraded include AKS, [...]