In a report released yesterday, Philip Gibbs from KeyBanc maintained a Hold rating on Cleveland-Cliffs (CLF – Research Report). The company's shares closed last Wednesday at $21.17. According to TipRanks.com, Gibbs is a 5-star analyst with an average return of 16.1% and a 58.2% success rate. Gibbs covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Allegheny Technologies, and Worthington Industries. Currently, the analyst consensus on Cleveland-Cliffs is a Moderate Buy with an average price target of $35.43, representing a 59.0% upside. In a report issued on May 11, Morgan Stanley also maintained a Hold rating on the stock with a $24.00 price target.
https://www.tipranks.com/news/blurbs/keybanc-keeps-their-hold-rating-on-cleveland-cliffs-clf?utm_source=advfn.com&utm_medium=referral
Cleveland Cliffs (NYSE:CLF)
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