JPMorgan analyst Dominic O’Kane raised the firm’s price target on Glencore (GLNCY) to 510 GBp from 490 GBp and keeps a Neutral rating on the shares.
Claim 55% 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 GLNCY:
- Glencore says Rio Tinto potential offer ‘significantly undervalued’ contribution
- Rio Tinto no longer considering possible merger or combination with Glencore
- Rio Tinto, Glencore decide to end merger talks, Bloomberg reports
- Glencore-Rio Tinto merger ‘hangs in the balance’ as deadline looms, FT says
- Glencore price target raised to 540 GBp from 530 GBp at RBC Capital
