Reported 2 days ago
Cleveland-Cliffs saw its stock price rise by almost 21% this week after reporting better-than-expected earnings for the second quarter, despite a net loss of $247 million and lower revenue compared to last year. Analyst upgrades, including a buy recommendation from KeyBanc, contributed to the positive sentiment around the stock, prompting other firms like J.P. Morgan and Morgan Stanley to raise their price targets as well.
Source: YAHOO