Recent Analysts’ Ratings Changes for Cleveland-Cliffs (CLF)

by · The Markets Daily

Several analysts have recently updated their ratings and price targets for Cleveland-Cliffs (NYSE: CLF):

  • 4/6/2026 – Cleveland-Cliffs was upgraded by Argus to “hold”.
  • 4/1/2026 – Cleveland-Cliffs is now covered by The Goldman Sachs Group, Inc.. They set a “neutral” rating and a $9.00 price target on the stock.
  • 3/25/2026 – Cleveland-Cliffs is now covered by KeyCorp. They set a “sector weight” rating on the stock.
  • 3/19/2026 – Cleveland-Cliffs had its price target lowered by Wells Fargo & Company from $12.00 to $9.00. They now have an “equal weight” rating on the stock.
  • 3/16/2026 – Cleveland-Cliffs had its “sell” rating reaffirmed by Glj Research. They now have a $9.42 price target on the stock.
  • 2/14/2026 – Cleveland-Cliffs was upgraded by Wall Street Zen from “sell” to “hold”.
  • 2/10/2026 – Cleveland-Cliffs had its price target lowered by Glj Research from $9.52 to $9.42. They now have a “sell” rating on the stock.
  • 2/9/2026 – Cleveland-Cliffs had its price target raised by Citigroup Inc. from $11.00 to $13.00. They now have a “neutral” rating on the stock.
  • 2/9/2026 – Cleveland-Cliffs had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $15.00 price target on the stock.

Insider Transactions at Cleveland-Cliffs

In other news, CEO Lourenco Goncalves sold 3,000,000 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $12.42, for a total value of $37,260,000.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Edilson Camara bought 19,700 shares of the stock in a transaction dated Friday, February 13th. The stock was bought at an average cost of $10.13 per share, for a total transaction of $199,561.00. Following the acquisition, the director directly owned 41,983 shares of the company’s stock, valued at approximately $425,287.79. This represents a 88.41% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 1.71% of the company’s stock.

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.

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