RBC Capital upgraded Antofagasta to Sector Perform from Underperform with a price target of 1,300 GBp, up from 1,200 GBp. The firm says risks to 2024 copper balances, resilient demand from China and now the Federal Reserve pause leave it with a more neutral view on the shares.
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Read More on ANFGF:
- Antofagasta price target lowered to 1,270 GBp from 1,320 GBp at Barclays
- Antofagasta price target raised to 1,080 GBp from 1,060 GBp at JPMorgan
- Antofagasta price target raised to 1,320 GBp from 1,180 GBp at Barclays
- Antofagasta price target lowered to 1,060 GBp from 1,080 GBp at JPMorgan
- Antofagasta upgraded to Buy from Neutral at Citi