FORTESCUE METALS (FSUMF US $4.49 bid; rating raised to OVERWEIGHT from NEUTRAL; price target raised to $7.50 from $5) HIGHER LONG TERM IRON ORE PRICES AND DECREASED COSTS INCREASE EARNINGS ESTIMATES 1/24/2014

FORTESCUE METALS (FSUMF US $4.49 bid; rating raised to OVERWEIGHT from
NEUTRAL; price target raised to $7.50 from $5) HIGHER LONG TERM IRON ORE
PRICES AND DECREASED COSTS INCREASE EARNINGS ESTIMATES 1/24/2014