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Benzinga
Benzinga
Business
Akanksha Bakshi

Cleveland-Cliffs Rides Cost Cuts And Trump Tariffs To Stronger Outlook, Eyes Billions From Asset Sales

Cleveland-CliffsWest,Chester,,Ohio,,Usa,-,December,28,,2021:,The,Entrance

Cleveland-Cliffs Inc. (NYSE:CLF) is gaining renewed confidence from Wall Street after posting better-than-expected results for the second quarter of 2025, prompting KeyBanc Capital Markets analyst Philip Gibbs to upgrade the stock to Overweight and set a price forecast of $14. 

The move reflects a more favorable risk-reward outlook for the steelmaker, which is capitalizing on robust domestic demand, aggressive cost-cutting, and strategic shifts amid a supportive policy environment.

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