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. Just Missed Earnings; Here's What Analysts Are Forecasting Now [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs to Publish Monthly Hot Rolled Coil Spot Price [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs to Publish Monthly Hot Rolled Coil Spot PriceBusiness Wire
- Cleveland-Cliffs Inc. (NYSE: CLF) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Cleveland-Cliffs: Q1 Dip Provides Great Discount [Seeking Alpha]Seeking Alpha
CLF
Earnings
- 4/22/24 - Miss
CLF
Sec Filings
- 4/25/24 - Form 10-Q
- 4/22/24 - Form 8-K
- 4/5/24 - Form 8-K
- CLF's page on the SEC website