JPMorgan lowered the firm’s price target on Anglo American Platinum to $41 from $52 and keeps a Neutral rating on the shares. The firm updated its South Africa precious metals models to include a stronger rand estimate, which drives earnings and price target downgrades across the group.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>