Commodities Stocks Ratings Update (NYSE:ACI, PCX, CLF, FCX)

This morning, Citi Investment Research's Global Commodity team has made material forecast revisions to bulk commodities :-

For short period of term The firm upgraded Arch Coal (NYSE: ACI) to Buy from Hold a and Patriot Coal (NYSE: PCX) to Hold from Sell."

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Citi also reiterates a 'Buy' on Cliffs Natural Resources (NYSE: CLF) & Freeport-McMoRan (NYSE: FCX), naming FCX as 'Top Pick'.

Arch Coal (NYSE: ACI) is up 3.80% to $26.24.

Patriot Coal (NYSE: PCX) is up 2.82% to $22.60.

Cliffs Natural Resources (NYSE: CLF) is down 0.45% to $74.49.

Freeport-McMoRan (NYSE: FCX) is also down 0.92% to $84.88.

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