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Stock impact report

Why Cleveland-Cliffs Inc. Stock Is Surging Again Today [The Motley Fool]

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
The iron ore miner benefits from an analyst upgrade, keeping up its momentum. Matthew DiLallo ( TMFmd19 ) Jul 23, 2018 at 3:18PM What happened Shares of Cleveland-Cliffs Inc.  ( NYSE:CLF ) rallied another 10% by 2:30 p.m. EDT on Monday, continuing their  big rally from last week. The iron ore company is up about 35% in the past five trading days. While the company's expectation-crushing second-quarter results initially ignited the rally, an analyst upgrade is driving today's move. So what J.P. Morgan upgraded shares of Cleveland-Cliffs from neutral to overweight on Monday. Furthermore, the bank lifted its price target to $15 per share, which is the highest among Wall Street analysts and still more than 36% above its recent trading price. In addition to that upgrade, Citi boosted its price target on Monday from $11 to $12 per share wh Show less Read more
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