UBS upgraded Boliden (BDNNY) to Neutral from Sell with a price target of SEK 310, up from SEK 300. The firm views the company as a turnaround story and says the prospect of equity issuance is a near-term overhang but largely priced into the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BDNNY:
- Boliden continues earn-in at Amarc’s Duke Copper-Gold District
- Boliden price target raised to SEK 360 from SEK 350 at Citi
- Boliden downgraded to Underweight from Neutral at JPMorgan
- Boliden to buy Neves-Corvo, Zinkgruvan mines from Lundin for up to $1.52B
- Boliden downgraded to Underperform from Sector Perform at RBC Capital