JPMorgan downgraded Fortescue Metals (FSUGY) to Neutral from Overweight with a A$20 price target The firm cites valuation for the downgrade with the shares trading near the price target
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FSUGY: