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Fly News Breaks for April 13, 2018
SCCO
Apr 13, 2018 | 05:16 EDT
JPMorgan analyst Rodolfo Angele downgraded Southern Copper to Underweight and cut his price target for the shares to $45 from $53. The analyst believes the company's valuation has gotten ahead of fundamentals following the recent share rally. He thinks execution risks as being underappreciated and sees better returns elsewhere.
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