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Fly News Breaks for January 22, 2018
SCCO
Jan 22, 2018 | 05:43 EDT
UBS analyst Andreas Bokkenheuse downgraded Southern Copper to Neutral with an increased price target of $50.50. The analyst believes a slowdown in China could weigh on demand and notes the stock has rallied for six months. He believes, however, that longer term fundamentals "remain supportive to copper prices."