KeyBanc Downgrades Cleveland-Cliffs on Valuation Concerns After 50% Rally
KeyBanc downgraded Cleveland-Cliffs from Over...
The firm flagged rising unit costs, the end-2...
CLF traded around ~11× 2026 EV/EBITDA, sugges...
Shares fell about 5% to roughly $12.62, even ...
The firm flagged rising unit costs, the end-2...
CLF traded around ~11× 2026 EV/EBITDA, sugges...
Shares fell about 5% to roughly $12.62, even ...