What is Morgan Stanley's price target for CLF?

Morgan Stanley's latest stated price target for Cleveland-Cliffs Inc. (CLF) is $12.50, from its action on Jun 22, 2026.

What is Morgan Stanley's rating on CLF?

Morgan Stanley rates CLF Equal-Weight, a neutral rating, as of Jun 22, 2026.

When did Morgan Stanley last change its view on CLF?

On Jun 22, 2026, Morgan Stanley downgrades to Equal-Weight from Overweight, price target $12.50.

Morgan Stanley CLF price target and rating history

Cleveland-Cliffs Inc. (CLF) · Basic Materials

Morgan Stanley rates Cleveland-Cliffs Inc. (CLF) Equal-Weight with a $12.50 price target, as of its latest action on Jun 22, 2026. It has published 7 rating actions on CLF since August 2021, including 2 upgrades and 2 downgrades. Across 4 firms with a CLF price target in the last 12 months, the median target is $10.75. Morgan Stanley's $12.50 is 16% above that.

Current rating: Equal-Weight
Price target: $12.50
Median target, all firms: $10.75
Actions on CLF: 7

Morgan Stanley price target on CLF

Morgan Stanley price target on CLF, each point a stated target, August 2021 to June 2026.

Every Morgan Stanley rating on CLF

Jun 22, 2026
DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight, price target $12.50
Jan 9, 2026
UpgradeMorgan Stanley upgrades to Overweight from Equal-Weight, price target $17
Feb 15, 2024
DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight, price target $21.50 to $20
Jan 12, 2023
UpgradeMorgan Stanley upgrades to Overweight from Equal-Weight, price target $13.60 to $26
Nov 29, 2021
ReiterateMorgan Stanley raises its price target to $23.50 from $22.50, keeps Equal-Weight
Oct 26, 2021
ReiterateMorgan Stanley raises its price target to $22.50 from $21, keeps Equal-Weight
Aug 11, 2021
InitiateMorgan Stanley starts coverage at Equal-Weight, price target $26

How other firms rate CLF

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
Wells Fargo	Overweight	$14	Oct 6, 2026
Morgan Stanley	Equal-Weight	$12.50	Jun 22, 2026
Barclays	Underweight	$9	May 22, 2026
Goldman Sachs	Neutral	$9	Apr 1, 2026
KeyBanc Capital Markets	Sector Weight		Mar 25, 2026
Seaport Research Partners	Neutral		Jan 23, 2026

Questions about Morgan Stanley and CLF

What is Morgan Stanley's price target for CLF?: Morgan Stanley's latest stated price target for Cleveland-Cliffs Inc. (CLF) is $12.50, from its action on Jun 22, 2026.
What is Morgan Stanley's rating on CLF?: Morgan Stanley rates CLF Equal-Weight, a neutral rating, as of Jun 22, 2026.
When did Morgan Stanley last change its view on CLF?: On Jun 22, 2026, Morgan Stanley downgrades to Equal-Weight from Overweight, price target $12.50.
How does Morgan Stanley's CLF target compare with other analysts?: Across 4 firms with a CLF price target in the last 12 months, the median target is $10.75. Morgan Stanley's $12.50 is 16% above that.

More CLF rating histories

All Morgan Stanley ratings CLF news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.