In a sector note on the Australian Mining sector, JPMorgan downgraded South32 (SOUHY) to Neutral from Overweight with a price target of A$3.30, down from A$3.50, citing a 17% bounce in the stock since last quarter for the downgrade.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOUHY: