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CLFBullishStock Picksnews

High materiality7/10

Cleveland-Cliffs rises on analyst endorsement; JP Morgan raises target to $13

Sep 17, 2026, 9:38 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Positive sentiment from a notable endorsement and a higher target can trigger short-term buying pressure; CLF moved +3.1% on the news, typical of sentiment-driven moves with limited new fundamentals disclosed.

AI summary

What happened, with direct paths to the underlying reporting

Analysts highlighted Cleveland-Cliffs as a potential beneficiary after Jim Lebenthal endorsed the stock on CNBC’s Halftime Report Final Trades. JP Morgan maintained a Neutral rating and lifted its price target to $13, contributing to a 3.1% intraday rise to $12.15. The move appears sentiment-driven and could set up near-term upside if momentum continues.

CLF up 3.1% to $12.15 after Jim Lebenthal’s endorsement.
JP Morgan maintained Neutral on CLF and raised PT to $13.
SCHW shares fell 2.4% to $105.16 after market chatter.
Other names mentioned: UNH and INCY highlighted in the broadcast.

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