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Fly News Breaks for July 6, 2016
AU, HMY
Jul 6, 2016 | 06:56 EDT
Deutsche Bank analyst Patrick Mann upgraded Harmony Gold (HMY) to Buy saying the company is his preferred South American gold name. He expects strong cash flows to support equity prices in the space over the next 12 months. Mann coupled the upgrade with a valuation downgrade of AngloGold (AU) to Hold.
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