Cleveland-Cliffs (CLF) 30-day option implied volatility at 59

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Cleveland-Cliffs (CLF) higher fixed pricing contracts should lead to positive revisions claims analyst

January 12, 2023 1:12 PM EST

Cleveland-Cliffs (NYSE: CLF) was upgraded to Overweight from Equal-Weight, with its price target raised to $26 from $13.60 per share by Morgan Stanley.

Analyst Carlos De Alba told investors in a note Thursday that the upgrade was based on sequentially higher annual fixed pricing... More