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

A number of firms have modified their ratings and price targets on shares of Cleveland-Cliffs (NYSE: CLF) recently:

• 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.

Insider Transactions at Cleveland-Cliffs

In other Cleveland-Cliffs news, EVP Celso L. Goncalves, Jr. sold 214,308 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $13.41, for a total value of $2,873,870.28. Following the completion of the transaction, the executive vice president directly owned 184,542 shares of the company’s stock, valued at approximately $2,474,708.22. The trade was a 53.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.95% 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.