Citi raised the firm’s price target on Southern Copper (SCCO) to $152 from $114.03 and keeps a Sell rating on the shares ahead of the Q4 report. The firm sees the company posting another solid quarter of free cash flow.
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Read More on SCCO:
- The Week That Was, The Week Ahead: Macro & Markets, Dec. 28
- Southern Copper price target raised to $144 from $137 at Wells Fargo
- Southern Copper downgraded to Underperform from Market Perform at Itau BBA
- Southern Copper price target raised to $119.50 from $114.50 at JPMorgan
- Morgan Stanley downgrades Southern Copper, says valuation unwarranted
