BofA analyst Lawson Winder upgraded Hudbay Minerals to Buy from Neutral with a $9 price target, citing “robust” near-term free cash flow, debt deleveraging and a “smoothed” longer-term copper production profile following the acquisition of Copper Mountain.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HBM:
- Hudbay Minerals price target raised to C$12 from C$8.75 at National Bank
- Hudbay Minerals Reports Uplift in Production Outlook
- Hudbay Minerals files automatic mixed securities shelf
- Hudbay Forecasts Increased Copper and Gold Production
- Hudbay Minerals provides annual reserve, resource update, outlook