Recent Investment Analysts’ Ratings Updates for Cleveland-Cliffs (CLF)

A number of research firms have changed their ratings and price targets for Cleveland-Cliffs (NYSE: CLF):

• 7/24/2026 – Cleveland-Cliffs had its “positive” rating reaffirmed by Wells Fargo & Company.
• 7/24/2026 – Cleveland-Cliffs had its price target raised by Barclays PLC from $9.00 to $10.00. They now have an “underweight” rating on the stock.
• 7/24/2026 – Cleveland-Cliffs had its “positive” rating reaffirmed by Citigroup Inc..
• 7/24/2026 – Cleveland-Cliffs was upgraded by Glj Research from “hold” to “buy”. They now have a $15.60 price target on the stock, up from $15.01.
• 7/24/2026 – Cleveland-Cliffs had its price target raised by Wells Fargo & Company from $9.00 to $11.00. They now have an “equal weight” rating on the stock.
• 7/21/2026 – Cleveland-Cliffs had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 7/15/2026 – Cleveland-Cliffs had its price target lowered by JPMorgan Chase & Co. from $13.00 to $10.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Cleveland-Cliffs had its price target lowered by Bank of America Corporation from $14.00 to $11.50. They now have a “neutral” rating on the stock.
• 7/9/2026 – Cleveland-Cliffs had its price target lowered by Wells Fargo & Company from $14.00 to $9.00. They now have an “equal weight” rating on the stock.
• 7/7/2026 – Cleveland-Cliffs had its price target lowered by Citigroup Inc. from $11.00 to $10.00. They now have a “neutral” rating on the stock.
• 6/22/2026 – Cleveland-Cliffs had its “equal weight” rating reaffirmed by Morgan Stanley. They now have a $12.50 price target on the stock, up from $12.00.
• 6/10/2026 – Cleveland-Cliffs had its price target raised by JPMorgan Chase & Co. from $9.00 to $13.00. They now have a “neutral” rating on the stock.
• 6/9/2026 – Cleveland-Cliffs was upgraded by Glj Research from “sell” to “hold”. They now have a $15.01 price target on the stock, up from $9.03.
• 6/4/2026 – Cleveland-Cliffs had its price target raised by Wells Fargo & Company from $9.00 to $14.00. They now have an “equal weight” rating on the stock.

Insiders Place Their Bets

In other Cleveland-Cliffs news, EVP Celso L. Goncalves, Jr. sold 214,308 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $13.41, for a total transaction of $2,873,870.28. Following the completion of the transaction, the executive vice president directly owned 184,542 shares in the company, valued at $2,474,708.22. This represents a 53.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.95% of the stock is owned by company insiders.

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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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