Macquarie downgraded Sandfire Resources (SFRRF) to Neutral from Outperform with a A$10.20 price target Q1 results were mixed and with the shares up 44% year-to-date the stock looks “fairy priced,” the analyst tells investors.
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 SFRRF: