JPMorgan downgrades Cleveland-Cliffs, lowers price target [Yahoo! Finance]
Cleveland-Cliffs Inc. (CLF)
Last cleveland-cliffs inc. earnings: 2/20 07:00 am
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US:NYSE Investor Relations:
clevelandcliffs.com/investors/overview/default.aspx
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Source: Yahoo! Finance
This bearish sentiment is driven by concerns about declining steel prices and escalating spending within the company. Yahoo Finance's Julie Hyman and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith Video Transcript All right, let's get to some calls the day. Now, JP Morgan downgrading Cleveland Cliffs from overweight to neutral. It also lowered the price target from 23 to 17. Main reasons for the downgrade. They say lower steel prices and higher spending. You see the stock down about 3.5% in today's trade. So they were, that was really it ju they were talking to their clients about listen, rising cap X needs. They called out, they see auto inventories are now replenished no near term growth projects. They said the balance sheet does look cleaned up. They like this greater focus. I I guess shareholder returns, but they
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News
- Cleveland-Cliffs Inc. (CLF) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance Canada]Yahoo! Finance Canada
- Cleveland-Cliffs (CLF) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Are Cleveland-Cliffs Inc.'s (NYSE:CLF) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness? [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs (CLF) Stock Slides as Market Rises: Facts to Know Before You Trade [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs Inc. (NYSE: CLF) was upgraded by analysts at Seaport Res Ptn to a "hold" rating.MarketBeat
CLF
Earnings
- 4/22/24 - Miss
CLF
Sec Filings
- 6/13/24 - Form 4
- 6/13/24 - Form 4
- 6/13/24 - Form 4
- CLF's page on the SEC website