Deutsche Bank downgraded Lundin Mining to Hold from Buy with an unchanged price target of SEK 115. The stock’s risk/reward is more balanced following the strong run, the analyst tells investors in a research note. The firm sees fair value, saying the market is now giving Lundin some credit for its future growth projects and operational improvements.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LUNMF:
- Lundin Mining price target raised to C$16.50 from C$12.50 at National Bank
- Lundin Mining price target raised to SEK 115 from SEK 105 at Deutsche Bank
- Lundin Mining Reports Increased Share Capital
- Lundin Mining upgraded to Outperform from Market Perform at BMO Capital
- Lundin Mining resumed with a Buy at Stifel
