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Southern Copper price target lowered to $89 from $89.10 at Goldman Sachs

Goldman Sachs analyst Marcio Farid lowered the firm’s price target on Southern Copper (SCCO) to $89 from $89.10 and keeps a Sell rating on the shares. The firm sees the Tia Maria project delay weighing on the company’s earnings in 2027 and 2028.

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