Long-term clf stock price projections rely on EBITDA growth and debt reduction. Cleveland-Cliffs has improved its leverage ratio, which may enhance shareholder value over multiple quarters. Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $11.75. Compared to the Zacks Consensus Estimate of $4.9 billion, the reported revenues represent a surprise of +0.62%. The EPS surprise was +26.47%. The clf stock price gained 1.8% yesterday amid reports of possible tariff adjustments on imported steel. This geopolitical development could tighten supply, benefiting domestic producers in the medium run.
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