Jefferies downgraded Fortescue Metals (FSUGY) to Underperform from Hold with a price target of A$18.50, down from A$19.25. The firm adjusted ratings in the Australia metal and mining space as part of its 2026 outlook.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FSUGY: