Cleveland-Cliffs (CLF) – Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Cleveland-Cliffs (NYSE: CLF) recently:

• 7/9/2026 – Cleveland-Cliffs had its price target lowered by Bank of America Corporation from $14.00 to $11.50. They now have a “neutral” rating on the stock.
• 7/9/2026 – Cleveland-Cliffs had its price target lowered by Wells Fargo & Company from $14.00 to $9.00. They now have an “equal weight” rating on the stock.
• 7/7/2026 – Cleveland-Cliffs had its price target lowered by Citigroup Inc. from $11.00 to $10.00. They now have a “neutral” rating on the stock.
• 6/22/2026 – Cleveland-Cliffs had its “equal weight” rating reaffirmed by Morgan Stanley. They now have a $12.50 price target on the stock, up from $12.00.
• 6/10/2026 – Cleveland-Cliffs had its price target raised by JPMorgan Chase & Co. from $9.00 to $13.00. They now have a “neutral” rating on the stock.
• 6/9/2026 – Cleveland-Cliffs was upgraded by Glj Research from “sell” to “hold”. They now have a $15.01 price target on the stock, up from $9.03.
• 6/4/2026 – Cleveland-Cliffs had its price target raised by Wells Fargo & Company from $9.00 to $14.00. They now have an “equal weight” rating on the stock.
• 5/21/2026 – Cleveland-Cliffs is now covered by Barclays PLC. They set an “underweight” rating and a $9.00 price target on the stock.
• 5/21/2026 – Cleveland-Cliffs was upgraded by Barclays PLC from “underweight” to “strong sell”.

Insider Buying and Selling at Cleveland-Cliffs

In related news, EVP Celso L. Goncalves, Jr. sold 214,308 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $13.41, for a total transaction of $2,873,870.28. Following the completion of the transaction, the executive vice president owned 184,542 shares of the company’s stock, valued at $2,474,708.22. This trade represents a 53.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.95% of the stock is currently owned by company insiders.

Cleveland-Cliffs Inc is a leading North American producer of iron ore pellets and flat-rolled steel products. Tracing its roots to 1847, the company has evolved from an iron-ore mining concern in the Great Lakes region into a fully integrated steelmaker. Today, Cleveland-Cliffs operates iron ore mining complexes in Michigan and Minnesota as well as steelmaking and finishing facilities across the United States.

The company’s integrated platform begins with direct control of key raw materials, including iron ore and scrap, and extends through every stage of steel production.