In-Depth Examination Of 7 Analyst Recommendations For Cleveland-Cliffs
Portfolio Pulse from Benzinga Insights
In the last three months, 7 analysts have provided ratings for Cleveland-Cliffs (NYSE:CLF), ranging from bullish to bearish. The average 12-month price target is $16.47, with a high of $23.00 and a low of $10.13. Recent ratings show a decline in sentiment, with several analysts lowering their price targets.
August 15, 2024 | 3:00 pm
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NEGATIVE IMPACT
Cleveland-Cliffs has received mixed ratings from analysts over the past three months, with a recent decline in sentiment. The average 12-month price target is now $16.47, down from $18.73.
The decline in the average price target and the lowering of ratings by several analysts indicate a negative short-term outlook for Cleveland-Cliffs. This is likely to put downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100