The latest price target for Cleveland-Cliffs (NYSE:CLF) was reported by Morgan Stanley on August 15, 2024. The analyst firm set a price target for $15.00 expecting CLF to rise to within 12 months (a possible 12.87% upside). 23 analyst firms have reported ratings in the last year.

The latest analyst rating for Cleveland-Cliffs (NYSE:CLF) was provided by Morgan Stanley, and Cleveland-Cliffs maintained their equal-weight rating.

The last upgrade for Cleveland-Cliffs Inc happened on March 28, 2024 when GLJ Research raised their price target to $27.2. GLJ Research previously had a sell for Cleveland-Cliffs Inc.

The last downgrade for Cleveland-Cliffs Inc happened on June 11, 2024 when JP Morgan changed their price target from $23 to $17 for Cleveland-Cliffs Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cleveland-Cliffs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cleveland-Cliffs was filed on August 15, 2024 so you should expect the next rating to be made available sometime around August 15, 2025.

While ratings are subjective and will change, the latest Cleveland-Cliffs (CLF) rating was a maintained with a price target of $17.50 to $15.00. The current price Cleveland-Cliffs (CLF) is trading at is $13.29, which is out of the analyst’s predicted range.