Citigroup Maintains Neutral on Cleveland-Cliffs, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alexander Hacking maintains a Neutral rating on Cleveland-Cliffs and lowers the price target from $18 to $12.5.
September 10, 2024 | 4:22 pm
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Citigroup analyst Alexander Hacking maintains a Neutral rating on Cleveland-Cliffs and lowers the price target from $18 to $12.5.
The lowering of the price target from $18 to $12.5 by Citigroup suggests a less optimistic outlook on Cleveland-Cliffs' stock performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100