Bernstein analyst Bob Brackett downgraded Anglo American to Market Perform from Outperform with a price target of 3,120 GBp, down from 3,580 GBp. The analyst says the uncertainty around catalysts for the hydrogen revolution undermines his long term conviction in the shares.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on NGLOY:
- Anglo American price target lowered to 3,600 GBp from 4,100 GBp at JPMorgan
- Anglo American price target lowered to 2,720 GBp from 3,165 GBp at Barclays
- Anglo American price target lowered to 3,100 GBp at Credit Suisse
- Anglo American price target lowered to 2,700 GBp from 3,000 GBp at Berenberg
- Anglo American downgraded to Underweight from Equal Weight at Morgan Stanley