HSBC analyst Jonathan Brandt upgraded Fresnillo (FNLPF) to Hold from Reduce with a price target of 2,000 GBp, up from 1,100 GBp. The firm cites the rally in gold and silver prices for the upgrade.
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Read More on FNLPF:
- Fresnillo price target raised to 1,610 GBp from 950 GBp at Morgan Stanley
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- Fresnillo price target raised to 2,700 GBp from 1,700 GBp at Citi
- Fresnillo price target raised to 2,500 GBp from 2,100 GBp at JPMorgan
- Fresnillo price target raised to 950 GBp from 920 GBp at Morgan Stanley