Initiated Buy X

CLF Cleveland-Cliffs

Goldman

$16

Upgrades Neutral Buy X

CLF Cleveland-Cliffs

Seaport Research Partners

$16.50

Downgrades Overweight Neutral X

CLF Cleveland-Cliffs

JP Morgan

$23 $17

Initiated Buy X

CLF Cleveland-Cliffs

Jefferies

$22

Downgrades Peer Perform Underperform X

CLF Cleveland-Cliffs

Wolfe Research

$18

Downgrades Buy Neutral X

CLF Cleveland-Cliffs

Citigroup

$22

Downgrades Neutral Underperform X

CLF Cleveland-Cliffs

Exane BNP Paribas

$16.50

Downgrades Overweight Eq-Weight X

CLF Cleveland-Cliffs

Morgan Stanley

$21.50 $20

Resumed Overweight X

CLF Cleveland-Cliffs

JP Morgan

$24

Downgrades Buy Hold X

CLF Cleveland-Cliffs

Argus

Resumed Overweight X

CLF Cleveland-Cliffs

JP Morgan

$19 $23

Initiated Neutral X

CLF Cleveland-Cliffs

JP Morgan

$18

Upgrades Underperform Peer Perform X

CLF Cleveland-Cliffs

Wolfe Research

Upgrades Underperform Neutral X

CLF Cleveland-Cliffs

Exane BNP Paribas

$21

Upgrades Eq-Weight Overweight X

CLF Cleveland-Cliffs

Morgan Stanley

$13.60 $26

Resumed Neutral X

CLF Cleveland-Cliffs

BofA Securities

$19

Reiterated Buy X

CLF Cleveland-Cliffs

B. Riley Securities

$26 $27

Initiated Neutral X

CLF Cleveland-Cliffs

UBS

$17

Downgrades Peer Perform Underperform X

CLF Cleveland-Cliffs

Wolfe Research

$12

Downgrades Neutral Underperform X

CLF Cleveland-Cliffs

Exane BNP Paribas

$14.30

Downgrades Outperform Peer Perform X

CLF Cleveland-Cliffs

Wolfe Research

$23

Initiated Outperform X

CLF Cleveland-Cliffs

Wolfe Research

$30

Upgrades Neutral Buy X

CLF Cleveland-Cliffs

Goldman

$26 $24

Initiated Buy X

CLF Cleveland-Cliffs

Argus

$26

Initiated Overweight X

CLF Cleveland-Cliffs

JP Morgan

$39

Resumed Buy X

CLF Cleveland-Cliffs

BofA Securities

$25

Upgrades Neutral Outperform X

CLF Cleveland-Cliffs

Credit Suisse

$21 $24

Downgrades Overweight Sec Weight X

CLF Cleveland-Cliffs

KeyBanc Capital Markets

Downgrades Outperform Neutral X

CLF Cleveland-Cliffs

Exane BNP Paribas

$19.20

Initiated Neutral X

CLF Cleveland-Cliffs

Goldman

$20

Upgrades Neutral Outperform X

CLF Cleveland-Cliffs

Exane BNP Paribas

Upgrades Neutral Outperform X

CLF Cleveland-Cliffs

Credit Suisse

$13 $14

Reiterated Market Perform X

CLF Cleveland-Cliffs

Cowen

$8.50 $11

Initiated Market Perform X

CLF Cleveland-Cliffs

Cowen

$8.50

Downgrades Outperform Neutral X

CLF Cleveland-Cliffs

Credit Suisse

Reiterated Buy X

CLF Cleveland-Cliffs

B. Riley FBR

$13 $15

Upgrades Neutral Overweight X

CLF Cleveland-Cliffs

JP Morgan

Initiated Outperform X

CLF Cleveland-Cliffs

Macquarie

Initiated Buy X

CLF Cleveland-Cliffs

Citigroup

$11

Upgrades Neutral Buy X

CLF Cleveland-Cliffs

Clarksons Platou

$7 $11

Initiated Neutral X

CLF Cleveland-Cliffs

Goldman

$8

Reiterated Buy X

CLF Cleveland-Cliffs

B. Riley FBR, Inc.

$11 $12

Upgrades Underperform Outperform X

CLF Cleveland-Cliffs

Credit Suisse

CLF  Cleveland-Cliffs Inc.

Cleveland-Cliffs Inc, formerly Cliffs Natural Resources Inc., is a mining and natural resources company. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. The Company's segments include US Iron Ore and Asia Pacific Iron Ore. The Company is a producer of iron ore pellets, primarily selling production from US Iron Ore to integrated steel companies in the United States, Canada and Mexico. Its Asia Pacific Iron Ore operations are located in Western Australia and consist of its Koolyanobbing operation. The Koolyanobbing operations serve the Asian iron ore markets with direct-shipped fines and lump ore. In addition, the Company operates an iron ore mining complex in Western Australia. In the United States, the Company owned four operational iron ore mines and one indefinitely idled mine.