Cleveland-Cliffs (CLF) Raises Q2 and FY Guidance

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Cleveland-Cliffs (CLF) PT Raised to $30 at BofA Securities on the 'Great Steel Squeeze'

June 16, 2021 7:35 AM EDT

BofA Securities analyst Timna Tanners raised the price target on Cleveland-Cliffs (NYSE: CLF) to $30.00 (from $29.00) while maintaining a Buy rating after raising 2021-2023 U.S. steel price forecasts amid the 'great steel squeeze.'

They now expect H221E HRC at $1,075/st from... More