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Fly News Breaks for June 5, 2018
SCCO, GMBXF
Jun 5, 2018 | 07:01 EDT
JPMorgan analyst Rodolfo Angele upgraded Grupo Mexico (GMBXF) to Overweight saying the discount to net asset value has reached "eye-popping levels of 47%." The analyst's unchanged price target of Ps70.5 represents 35% upside. He keeps an Underweight rating on Southern Copper (SCCO) with a $45 price target.