🟢 Cleveland-Cliffs Inc is trading 5.1% up today, rebounding on recent analyst upgrades

Cleveland-Cliffs Inc is trading 5.1% up at $13.04 today, rebounding from a recent sharp selloff, supported by positive analyst actions.

• On June 10, JP Morgan maintained a Neutral rating but raised its price target on the stock to $13.00 from a previous $9.00.
• On June 9, GLJ Research upgraded the stock to Hold from Sell, increasing its price target to approximately $15.00.
• The stock is recovering after a steep decline in the prior week, which saw the price drop from over $14 to the low-$12s.