Stifel downgraded Arizona Sonoran Copper (ASCUF) to Hold from Buy with a price target of C$9.35, up from C$4. The downgrade follows the announcement that Hudbay Minerals (HBM) will acquire Arizona Sonoran Copper for C$9.35 per share, with Stifel noting it is “constructive” on the deal.
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Read More on ASCUF:
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