Scotiabank analyst Alfonso Salazar raised the firm’s price target on Southern Copper (SCCO) to $135 from $133 and keeps an Underperform rating on the shares. The firm believes investors should find “attractive trading opportunities” as the industry faces increased volatility and scenarios of high metal price levels, the analyst tells investors.
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Read More on SCCO:
- Southern Copper price target lowered to $171 from $186 at Wells Fargo
- Southern Copper price target raised to $133 from $125 at Scotiabank
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