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Fly News Breaks for October 6, 2015
SCCO
Oct 6, 2015 | 08:47 EDT
As previously reported, BofA/Merrill downgraded Southern Copper to Underperform from Neutral and lowered its price target to $27 from $30. Analyst Thiago Loflego said shares have outperformed the group index by 20% over the last month and believes a deteriorating risk perception towards China will pull materials stocks lower, including Southern Copper.
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