Barclays analyst Ian Rossouw downgraded Antofagasta to Equal Weight from Overweight with a 1,450 GBp price target. The analyst’s copper demand analysis suggests downside versus Street estimates. He sees a surplus ahead and thinks there are downside risks to the copper price.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on ANFGF: