Jefferies raised the firm’s price target on Southern Copper (SCCO) to $155 from $130 and keeps a Buy rating on the shares. Reflecting the firm’s new copper price deck, the firm raised its 2025-26 EBITDA estimates for Southern Copper and parent Grupo Mexico (GMBXF).
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCCO: