B of A Securities Maintains Neutral on Cleveland-Cliffs, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Cleveland-Cliffs (NYSE:CLF) but has lowered the price target from $20 to $18.
June 26, 2024 | 4:32 pm
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B of A Securities has maintained a Neutral rating on Cleveland-Cliffs (NYSE:CLF) but has lowered the price target from $20 to $18.
The lowered price target from $20 to $18 by B of A Securities suggests a less optimistic outlook for Cleveland-Cliffs. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100