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Wells Fargo upgrades Cleveland-Cliffs to overweight, raises price target to $14

Investing.com ·

CLF
CLF Cleveland-Cliffs Inc
$12.98 +6.48%
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  1. 1Wells Fargo upgraded Cleveland-Cliffs from equal-weight to overweight.
  2. 2The price target for Cleveland-Cliffs was set at $14, up from the previous target of $12.
  3. 3Cleveland-Cliffs shares rose 4.8% in premarket trading.

So what's the key point?

Wells Fargo recommended buying more Cleveland-Cliffs stock. The bank gave a positive outlook, predicting the stock price will rise to $14.

Source Investing.com · View original ↗

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