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Fly News Breaks for June 27, 2017
BHP
Jun 27, 2017 | 08:36 EDT
Argus analyst David Coleman notes that BHP's stock has tumbled 8.9% over the past three months. He thinks that commodity prices have "moved beyond" their bottoms, while BHP's earnings should rise in the near-term. The analyst notes that the company has cut costs and has taken a number of steps to improve its balance sheet. He keeps a $46 price target and a Buy rating on the shares.
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