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Sibanye Stillwater just downgraded at JPMorgan, here’s why
The Fly

Sibanye Stillwater just downgraded at JPMorgan, here’s why

JPMorgan analyst Cather Cunningham downgraded Sibanye Stillwater to Neutral from Overweight with a price target of $6, down from $7. The analyst updated forecasts in metals and mining to reflect the firm’s revised commodity price and currency forecasts. The firm also rolled price targets across its coverage to December 2025 from December 2024. JPMorgan made rating changes as part of its 2024 outlook.

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