Morgan Stanley raised the firm’s price target on Southern Copper (SCCO) to $156 from $137 and keeps an Underweight rating on the shares after updating estimates to mark-to-to market commodity and forex estimates and include the latest company guidance following Q4 earnings.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCCO:
- Southern Copper price target raised to $192 from $182 at Wells Fargo
- Southern Copper Earnings Call: Profits Soar, Output Slips
- Southern Copper options imply 2.8% move in share price post-earnings
- Southern Copper price target raised to $125 from $92 at Scotiabank
- Southern Copper Corp (SCCO) Q4 Earnings Cheat Sheet