Cleveland-Cliffs gets two-notch upgrade from Credit Suisse [Seeking Alpha]
Cleveland-Cliffs Inc. (CLF)
Last cleveland-cliffs inc. earnings: 2/20 07:00 am
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US:NYSE Investor Relations:
clevelandcliffs.com/investors/overview/default.aspx
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Source: Seeking Alpha
Cleveland-Cliffs gets two-notch upgrade from Credit SuisseCleveland-Cliffs (CLF+2.5%) is higher after Credit Suisse issues adouble upgrade to Outperform from Underperform with a $9 price target, up from $5, expecting hot-rolled coil steel prices to remain strong in 2018.The firm views sees strong accretion from the HBI project with the move away from less profitable pellet contracts towards high margin DR pellet based HBI.On CLF's Q4 earnings conference call, CEO Lourenco Goncalves noted the positive prospects of HBI, saying "The ability for Cliffs to produce DR-grade pellets is what makes our venture in HBI so value-accretive."See all stocks on the move »Now read:Cleveland-Cliffs: The Only Way To Trade This Stock »
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CLF
News
- Cleveland-Cliffs Inc. (NYSE: CLF) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Orbital Biocarbon, PYREG Partner to Transform Wastewater Sludge Disposal into Regulation Compliant, Carbon Negative and PFAS-Free Profit Center [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs Q1 2024 Earnings: Capital Allocation And Costs Are In The Spotlight [Seeking Alpha]Seeking Alpha
- Seeking Clues to Cleveland-Cliffs (CLF) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Biden takes action against China's unfair practices to protect US steel and shipbuilding industries [FOX Business Network]FOX Business Network
CLF
Earnings
- 1/29/24 - Beat
CLF
Sec Filings
- 4/5/24 - Form 8-K
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- CLF's page on the SEC website