Cleveland-Cliffs (CLF) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The latest trading day saw Cleveland-Cliffs (CLF) settling at $14.34, representing a -1.98% change from its previous close.
Zacks.com users have recently been watching Cleveland-Cliffs (CLF) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the closing of the recent trading day, Cleveland-Cliffs (CLF) stood at $12.91, denoting a +1.18% move from the preceding trading day.
Steel stock Cleveland-Cliffs Inc (NYSE:CLF) was last seen up 2.6% to trade at $12.35, brushing off a downgrade from KeyBanc to "sector weight" from "overweight.
Cleveland-Cliffs remains a 'Buy' despite recent KeyBanc downgrade and 8%+ price drop, with 37.46% upside potential over 12-24 months. Mix shift to auto-grade/coated raises cost per ton, but price per ton and spread can expand; long-term OEM contracts for 2027–28 should support volume and pricing. Management's footprint optimization, lower CAPEX, and extended bond maturities strengthen CLF's operating leverage and balance sheet.
In the most recent trading session, Cleveland-Cliffs (CLF) closed at $13.2, indicating a -2.94% shift from the previous trading day.
The latest trading day saw Cleveland-Cliffs (CLF) settling at $13.6, representing a +2.41% change from its previous close.
Shares of India's major steel companies jumped between 2% and 4.5% on Wednesday, a day after New Delhi imposed import tariffs on some steel products as the government aims to curb cheap shipments from China.
Cleveland-Cliffs (CLF) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Zacks.com users have recently been watching Cleveland-Cliffs (CLF) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cleveland-Cliffs (CLF) reported earnings 30 days ago. What's next for the stock?