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Antofagasta upgraded to Sector Perform from Underperform at RBC Capital
The Fly

Antofagasta upgraded to Sector Perform from Underperform at RBC Capital

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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