Raymond James raised the firm’s price target on Lundin Mining (LUNMF) to C$30 from C$20 and keeps a Market Perform rating on the shares. The price target change is part of Raymond James’ mining update. The firm continues to favor copper in the base metals complex, as it expected growing deficits in the medium to long term.
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Read More on LUNMF:
- Lundin Mining Finalizes Eagle Mine Sale, Refocuses as Pure-Play Copper Producer
- Lundin Mining price target raised to SEK 200 from SEK 171 at JPMorgan
- Lundin Mining Cuts Share Count After Completing US$150 Million 2025 Buyback
- Lundin Mining Trims Share Count After Completing US$150 Million Buyback for 2025
- Lundin Mining upgraded to Buy from Market Perform at Cormark
