Cleveland-Cliffs Inc. (NYSE:CLF) Maintains Neutral Rating from Citigroup

Font: Financial Modeling Prep  • Feb 09, 2026

• Citigroup maintains a Neutral rating on Cleveland-Cliffs Inc. (NYSE:CLF), raising its price target from $11 to $13.
• CLF's stock price has experienced significant volatility, with a 17.48% decrease to $12.16.
• The company's market capitalization stands at approximately $6.92 billion, with a high trading volume on the NYSE.

Cleveland-Cliffs Inc. (NYSE:CLF) is a leading iron ore mining company in the United States, specializing in producing iron ore pellets and serving as a major supplier to the North American steel industry. The company competes with other steel and mining giants, focusing on providing high-quality raw materials for steel production.

On February 9, 2026, Citigroup maintained a Neutral rating for CLF, suggesting investors hold the stock. At that time, the stock was priced at $12.26. Citi also raised its price target from $11 to $13, as highlighted by TheFly. This indicates a cautious optimism about the company's future performance.

Recently, CLF held its Q4 2025 earnings call, providing insights into its financial health and strategic plans, as reported by Seeking Alpha. The earnings call likely covered revenue, profit margins, and challenges faced during the quarter. Such discussions can influence investor sentiment and stock performance.

Currently, CLF's stock price is $12.16, marking a 17.48% decrease. The stock has dropped by $2.58, trading between $11.03 and $13.26 today. Over the past year, it reached a high of $16.70 and a low of $5.63, reflecting significant volatility in its market performance.

Cleveland-Cliffs has a market capitalization of approximately $6.92 billion, indicating its size and market presence. With a trading volume of 46.34 million shares on the NYSE, the stock remains actively traded, reflecting investor interest and market activity.