Several brokerages have updated their recommendations and price targets on shares of Cleveland-Cliffs (NYSE: CLF) in the last few weeks:
- 10/24/2026 – Cleveland-Cliffs was upgraded by Wall Street Zen from “hold” to “buy”.
- 10/22/2026 – Cleveland-Cliffs had its price target raised by B. Riley Financial from $15.00 to $18.00. They now have a “buy” rating on the stock.
- 10/22/2026 – Cleveland-Cliffs had its price target raised by Barclays from $11.00 to $12.00. They now have an “underweight” rating on the stock.
- 10/22/2026 – Cleveland-Cliffs had its price target raised by JPMorgan Chase & Co. from $12.00 to $13.00. They now have a “neutral” rating on the stock.
- 10/20/2026 – Cleveland-Cliffs had its price target raised by Morgan Stanley from $12.50 to $14.00. They now have an “equal weight” rating on the stock.
- 10/20/2026 – Cleveland-Cliffs had its price target raised by Wells Fargo & Company from $14.00 to $17.00. They now have an “overweight” rating on the stock.
- 10/20/2026 – Cleveland-Cliffs had its “neutral” rating reaffirmed by The Goldman Sachs Group. They now have a $13.00 price target on the stock.
- 10/19/2026 – Cleveland-Cliffs had its “sell (d-)” rating reaffirmed by Weiss Ratings.
- 10/19/2026 – Cleveland-Cliffs had its price target raised by Barclays from $10.00 to $11.00. They now have an “underweight” rating on the stock.
- 10/9/2026 – Cleveland-Cliffs had its price target lowered by JPMorgan Chase & Co. from $13.00 to $12.00. They now have a “neutral” rating on the stock.
- 10/6/2026 – Cleveland-Cliffs was upgraded by Wells Fargo & Company from “equal weight” to “overweight”. They now have a $14.00 price target on the stock, up from $12.00.
- 9/21/2026 – Cleveland-Cliffs had its price target raised by Glj Research from $15.60 to $17.48. They now have a “buy” rating on the stock.
- 9/18/2026 – Cleveland-Cliffs had its “buy” rating reaffirmed by Glj Research. They now have a $15.60 price target on the stock.
- 9/9/2026 – Cleveland-Cliffs had its price target raised by JPMorgan Chase & Co. from $11.00 to $13.00. They now have a “neutral” rating on the stock.
- 9/7/2026 – Cleveland-Cliffs was given a new $13.00 price target by UBS Group.
Insider Transactions at Cleveland-Cliffs
In related news, Director Edilson Camara bought 7,400 shares of the firm’s stock in a transaction on Thursday, October 22nd. The stock was acquired at an average cost of $13.49 per share, for a total transaction of $99,826.00. Following the purchase, the director owned 64,717 shares in the company, valued at approximately $873,032.33. This represents a 12.91% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.95% of the company’s stock.
Cleveland-Cliffs Inc is an integrated North American steel producer headquartered in Cleveland, Ohio. The company operates across the steelmaking value chain, from mining and processing iron ore to producing and distributing finished steel products. Its operations include iron ore mines and pelletizing facilities, steel mills, finishing plants, and related manufacturing and distribution assets.
The company produces carbon steel, stainless steel, electrical steel, and other specialty products, including hot-rolled, cold-rolled, and galvanized sheet steel.
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