Argus analyst John Eade downgraded BHP Group (BHP) to Hold from Buy with no price target Pricing of two of the three metals on which the company’s results are linked to – iron ore, copper, and coal – are under pressure, and the firm believes that BHP’s results have come in lower as a result of this, the analyst tells investors in a research note. Argus is also cutting its FY25 EPS view on the stock by 25c to $3.75.
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