This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Conflicted on These Materials Names: Cleveland-Cliffs (CLF) and Dow Inc (DOW)

Tipranks - Tipranks - Thu Jul 30, 8:06AM CDT

Analysts have been eager to weigh in on the Materials sector with new ratings on Cleveland-Cliffs (CLF) and Dow Inc (DOW).

Claim 55% Off TipRanks

Cleveland-Cliffs (CLF)

J.P. Morgan analyst Bill Peterson maintained a Hold rating on Cleveland-Cliffs yesterday and set a price target of $11.00. The company’s shares closed last Tuesday at $11.98.

According to TipRanks.com, Peterson is a 4-star analyst with an average return of 7.1% and a 49.2% success rate. Peterson covers the Basic Materials sector, focusing on stocks such as Lithium Americas Corp., Ivanhoe Electric Inc., and Freeport-McMoRan. ;'>

Cleveland-Cliffs has an analyst consensus of Hold, with a price target consensus of $11.81, a -3.4% downside from current levels. In a report issued on July 24, Exane BNP Paribas also upgraded the stock to Hold with a $11.50 price target.

See today’s best-performing stocks on TipRanks >>

Dow Inc (DOW)

J.P. Morgan analyst Jeffrey Zekauskas maintained a Buy rating on Dow Inc yesterday and set a price target of $40.00. The company’s shares closed last Tuesday at $28.85.

According to TipRanks.com, Zekauskas is a 4-star analyst with an average return of 3.8% and a 55.2% success rate. Zekauskas covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Compass Minerals International, and Air Products and Chemicals. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dow Inc with a $34.91 average price target, implying a 20.4% upside from current levels. In a report issued on July 14, Citi also maintained a Buy rating on the stock with a $35.00 price target.

Read More on CLF:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Market data provided by Barchart. Exchange delay details and data provider terms here. Information may be delayed, is provided 'as is' and is solely for informational purposes, and not for trading, investment or advice.