Cleveland-Cliffs (CLF) Reports Prelim. 4Q Revenue Guidance Above Consensus

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Go back to Cleveland-Cliffs (CLF) Reports Prelim. 4Q Revenue Guidance Above Consensus

Cliffs Natural Resources (CLF) PT Raised to $17 at Cowen

January 25, 2021 9:11 PM EST

Cowen analyst Tyler Kenyon raised the price target on Cliffs Natural Resources (NYSE: CLF) to $17.00 (from $16.00) while maintaining a Market Perform rating.

The analyst comments "Following 4Q20 prelim results, we modestly lift our EBITDA forecasts to reflect stronger steel volume and conversion cost... More