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Stock impact report

Cleveland-Cliffs (CLF) Is Down 7.7% After Analyst Downgrade On Auto Demand, Cost Concerns [Yahoo! Finance]

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The analyst nonetheless pointed to Cleveland-Cliffs' cooperation with Korean steelmaker POSCO as an important relationship that could strengthen its operational and financial footing over time. We'll now examine how concerns about softer auto demand and rising costs may affect Cleveland-Cliffs' existing investment narrative and outlook. Uncover the next big thing with financially sound penny stocks that balance risk and reward To own Cleveland-Cliffs, you need to be comfortable with a cyclical, steel-focused business that is heavily tied to U.S. manufacturing, especially autos, and carries meaningful leverage. The KeyBanc downgrade underlines that softer auto demand and slightly higher costs are front and center, but it does not fundamentally alter the near term focus on restoring profitability as the key catalyst or the company's heavy dependence on automotive OEMs as a core risk. Against that backdrop, the highlighted cooperation with POSCO stands out, because it speaks dir Show less Read more
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