JPMorgan suspends ratings on US Steel, Cleveland-Cliffs (update)

Feb 1, 2024 · JPMorgan suspended its ratings on US Steel (NYSE:X) and Cleveland-Cliffs (NYSE:CLF) on Thursday. "Due to J.P. Morgan Securities LLC and/or its affiliates acting as …

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Why JPMorgan Is Bullish About Cleveland-Cliffs, Even If Steel …

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Jun 16, 2021 · CLF Price Action: Shares of Cleveland-Cliffs had declined by 0.39% to $22.77 at the time of publication Wednesday. (Photo by Karan Bhatia on Unsplash ) Market News and …

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Cleveland-Cliffs Raised At J.P. Morgan, Seeing Greater Shareholder ...

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Jan 12, 2024 · Taitai6769/iStock via Getty Images. Cleveland-Cliffs (NYSE:CLF) +0.7% in Friday's trading as J.P. Morgan upgraded the stock to Overweight from Neutral with a $23 …

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U.S. Steel's $14.9 Billion Price Tag Jolts Steel Stocks, But Why?

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Dec 18, 2023 · Japan's Nippon Steel has won the bidding war for U.S. Steel in an all-cash deal valued at $55 per share of X stock, or $14.9 billion including assumed debt.The deal has …

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$CLF Upgraded To $39 By JP Morgan, Calls Steel "generational

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JP Morgan Sees a Generational Opportunity for the Steel Industry We also know they are stockpiling cash waiting to invest as they wait on Powell speech. Jamie Dimon says 500 billion …

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Why JPMorgan Is Bullish About Cleveland-Cliffs, Even If Steel …

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Jun 16, 2021 · CLF Price Action: Shares of Cleveland-Cliffs had declined by 0.39% to $22.77 at the time of publication Wednesday. (Photo by Karan Bhatia on Unsplash) SHARE THIS POST

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$CLF: JP Morgan Increases Price Target To $39 + Gives ... - Reddit

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From the Bazinga article: The Cleveland-Cliffs Thesis: Even if steel prices decline in the second half of 2021, the “cash flow windfall” due to higher prices so far offers an opportunity to …

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CLF - Cleveland-Cliffs Inc Stock Price And Quote - FINVIZ.com

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JP Morgan: Neutral: $18: Mar-20-23: Upgrade: Wolfe Research: Underperform → Peer Perform: Jan-25-23: ... (CLF) Q3 2024 Earnings Call Highlights: Navigating Market Challenges and ...

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Cleveland-Cliffs Tapped As Top Steel Stock At Jefferies On Strong ...

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May 20, 2024 · Cleveland-Cliffs (NYSE:CLF) +1.1% in Monday's trading as Jefferies names it the top pick as the firm starts coverage of the U.S. steel industry, saying the stock is significantly …

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JPM Raises Price Target For $CLF To $39.. 'Overweight' - Reddit

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Posted by u/evilpsych - 213 votes and 62 comments

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Cleveland-Cliffs, US Steel Cut At Morgan Stanley With Declining …

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Feb 15, 2024 · Cleveland-Cliffs (NYSE:CLF) and US Steel were downgraded Thursday to Equal Weight from Overweight with respective $20 and $51 price targets at Morgan Stanley, which …

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FAQs about JPMorgan suspends ratings on US Steel, Cleveland-Cliffs (update) Coupon?

Does Cleveland-Cliffs (CLF) have a strong end market in 2023?

But De Alba notes Cleveland-Cliffs ( CLF) has the highest exposure to the automotive sector among his North America steel coverage, and end market that should lag this year following a strong performance in 2023. ...

Should CLF buy Nippon Steel?

If CLF want to buy, better be $60 and over especially if they are going to use their stock as part of the deal. There really isn’t a real good reason not to go with Nippon steel. Japan has consistently proven to be one of its best allies since the end of world war ll. @notre They don't need to. ROFR from UAW. ...

Does US Steel's $14.9 billion price tag jolt steel stocks?

U.S. Steel's $14.9 Billion Price Tag Jolts Steel Stocks, But Why? Japan's Nippon Steel ( NPSCY) has won the bidding war for U.S. Steel ( X) in an all-cash deal valued at $55 per share of X stock, or $14.9 billion including assumed debt. ...

Is the CEO of CLF interested in shareholder return?

Nobody (involved) is interested in shareholder return. The CEO of CLF is talked up here to mythical proportions but he only does this to boost his ego and to try to make it into the history books. @qwerty11 completely agree after seeing a few interviews. ...

Is CLF trying to buy a rival?

CLF is trying to buy a rival that is at the same market cap (both $7B). CLF has lots of net debt, X very little. Imagine how that goes- more leverage and dilution. CLF is already expensive compared to peers. I believe CLF investors are either Empire Builders or LG Groupies. ...

Is $ X obligated to respond to $ CLF's BS?

So $ X is not obligated to respond to $ CLF ’s BS. $ X would be clear to continue printing money and capturing its share of demand from IRA projects while it enjoys a MUCH stronger balance sheet than $ CLF and significantly less share dilution. $60/share may be a year away but $ X will get there. Don’t count Nippon out though. ...