Canaccord upgraded Antofagasta (ANFGF) to Buy from Hold with a price target of 4,750 GBp, up from 4,100 GBp. The firm says current spot pricing implies further upgrades to the copper miners heading into Q2.
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Read More on ANFGF:
- Antofagasta: Solid Delivery but Limited Upside Leaves Valuation Stretched, Justifying Sell Rating
- Antofagasta Plc Signals Robust Growth In Earnings Call
- Antofagasta Posts Record EBITDA and Boosts Payout as Growth Projects Peak
- Antofagasta price target raised to 4,400 GBp from 4,000 GBp at JPMorgan
- Antofagasta price target raised to 4,000 GBp from 3,900 GBp at Citi
