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Fly News Breaks for September 12, 2019
NILSY
Sep 12, 2019 | 06:29 EDT
JPMorgan analyst Dominic O'Kane upgraded Norilsk Nickel to Overweight from Neutral and raised his price target for the shares to $28 from $22. The analyst cites his firm's "materially higher" nickel and platinum group price forecasts for the upgrade. He believes China stimulus should support commodity prices in 2019 and 2020.
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