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.
Published first on TheFly
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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
