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UBS Upgrades Vale On Oil Prices, Cost Dilution
Wednesday, June 3, 2020 - 1:26pm | 337Read More...Weakness in iron ore prices is not a major concern for Vale SA (NYSE: VALE), while rising oil prices could act as the main catalyst for the stock, according to UBS. The Vale Analyst Andreas Bokkenheuser upgraded Vale from Neutral to Buy, while reducing the price target from $13 to $12. The Vale...
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UBS Upgrades Freeport-McMoRan On Sell-Off, Projects Rising Copper Prices
Thursday, October 10, 2019 - 11:11am | 332Read More...Freeport-McMoRan Inc (NYSE: FCX) seems poised to outperform peers in the back half of the year, given its disproportionally high gold exposure and production growth rate, according to UBS. The Analyst Andreas Bokkenheuser upgraded Freeport-McMoRan from Neutral to Buy and reduced the price target...
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Steel Stocks Have Wall Street's Attention
Tuesday, November 27, 2018 - 2:19pm | 547Read More...The U.S. steel industry has had a volatile couple of years with fluctuations in steel prices and uncertainty surrounding the fate of steel tariffs in an ongoing trade war. This week, several Wall Street analysts weighed in on steel stocks ahead of the G20 summit of world leaders. New Steel Mill...
