The Content Type can be viewed in the Content Type field in the Source Item section of item details. This step will update the source content type of the item by execute any custom classification scripts, so running a migration to this step is unnecessary unless that feature is used.  In Items List the status will be ‘Classify’.

See Custom Classification for further details.

Based upon knowing the source content type you can determine what the Target Content Type will be by viewing content type mapping.

As a reminder, content types define how properties are moved between the source and target items so it’s critical that the correct Target Content Type is assigned based upon business requirements.