Bernstein yesterday downgraded BHP Group (BHP) to Market Perform from Outperform with a price target of $50.50, down from $52.50. The firm does not see meaningful upside in the shares after lowering its iron ore price estimates from 2026 onwards.
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Read More on BHP:
- BHP Group downgraded to Market Perform from Outperform at Bernstein
- BHP Group CEO Presents at Global Metals Conference in Barcelona
- BHP, Codelco reach pact for exploration of Anillo property
- U.S. judge blocks land transfer for Rio Tinto copper mine, Reuters reports
- BHP Group price target lowered to 2,260 GBp from 2,330 GBp at JPMorgan
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