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Taseko Mines downgraded to Hold from Buy at Cantor Fitzgerald

Cantor Fitzgerald analyst Mike Kozak downgraded Taseko Mines (TGB) to Hold from Buy with a price target of C$6.50, up from C$4.75. Taseko reported overall in-line Q3 results, with Gibraltar production tracking behind on guidance but Florence remaining on schedule for first copper cathode, the analyst tells investors in a research note. Shares are up 147% year-to-date, and Cantor now views them as fully and fairly valued.

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