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Antofagasta upgraded to Buy from Neutral at UBS
The Fly

Antofagasta upgraded to Buy from Neutral at UBS

UBS upgraded Antofagasta to Buy from Neutral with a price target of 1,700 GBp, up from 1,600 GBp. The analyst expects a combination of organic volume growth and unit cost improvement to drive “superior earnings growth” for the company versus mining peers.

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