President Donald Trump made the announcement while speaking at the White House. Shares of Southern Copper (SCCO) are up 4% to $109.00 in early afternoon trading.
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Read More on SCCO:
- Southern Copper price target lowered to $79 from $83.50 at JPMorgan
- Nike upgraded, Sportradar initiated: Wall Street’s top analyst calls
- UBS cuts Southern Copper to Neutral from Buy, says risk-reward balanced
- Southern Copper downgraded to Neutral from Buy at UBS
- Southern Copper upgraded to Market Perform from Underperform at Itau BBA