Analysts Are Neutral on These Materials Stocks: Cf Industries Holdings (CF), Cleveland-Cliffs (CLF)We update our estimates for CF Industries (CF) following 2Q25 reporting. 3Q25 EPS is revised from $1.23 to $1.93 (vs. $2.02 consensus), 2025 is revised from $7.04 to $8.34 (vs. $8.31 consensus), 2026 is revised from $6.60 to $6.55 (vs. $7.07 consensus), and 2027 is revised from $5.69 to $4.89 (vs. $6.63 consensus). 3Q25 EBITDA is revised from $488M to $632M (vs. $670M consensus), 2025 EBITDA is revised from $2,442M to $2,706M (vs. $2,706M consensus), 2026 EBITDA is revised from $2,267M to $2,264M (vs. $2,359M consensus), and 2027 EBITDA is revised from $2,035M to $1,888M (vs. $2,260M consensus).