JP Morgan hikes targets for iron ore miners, says shares haven't kept up with Chinese demand Mon, 14th Dec 2020 14:51ShareCast (Sharecast News) - Analysts at JP Morgan hiked their target prices for several of the world's largest iron ore miners due to the confluence of strong demand and an unexpected supply shock which also saw them raise their price projections for iron ore. China's steel output was already at record levels while in the Rest of the World it was rapidly recovering.