Cleveland-Cliffs Price Target Increased by 11.45% to $12.24: Analysts Boost Estimate Amid Bullish Outlook

Cleveland-Cliffs (CLF) price target increased to $12.24, a 11.45% rise from $10.98. Analysts' latest targets range from $5.81 to $15.75. The average target represents a 13.15% decrease from the latest closing price of $14.09. The put/call ratio of CLF is 0.55, indicating a bullish outlook. The number of funds reporting positions in CLF decreased by 7.11% to 915, while total shares owned by institutions increased by 5.80% to 434,974K shares.