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Rising Copper Prices, Portfolio Review Make Underperforming Anglo American Stock A Potential Bargain: Report (CORRECTED)
Tuesday, April 2, 2024 - 5:57pm | 836Read More...Editor’s note: This story has been updated to correct the spelling of the investment banking firm Jefferies. Diversified miner Anglo American (OTC:NGLOY) could be a promising buy as copper prices rise and the company looks to transform itself, financial magazine Barron's said in an article....
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Jefferies: Alcoa's Valuation Will Benefit From Balance Sheet Improvement, Capital Returns
Wednesday, May 2, 2018 - 1:26pm | 385Read More...Alcoa Corp (NYSE: AA), which has become lean-and-mean following the November 2016 divestiture of its downstream business, picked up sell-side bull on Wednesday. The Analyst Jefferies analyst Christopher LaFemina initiated coverage of Alcoa with a Buy rating and $65 price target. The...
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Jefferies Upgrades BHP Billiton To Buy Amid Improving Fundamentals In Mining
Tuesday, August 23, 2016 - 9:20am | 288Read More...While Mining fundamentals have “clearly improved,” some miners like BHP Billiton Limited (ADR) (NYSE: BHP) are also benefiting from company-specific factors, Jefferies’ Christopher LaFemina said in a report. He upgraded the rating on the company from Hold to Buy, while raising...
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Jefferies Downgrades BHP, Joins Argus In 'Hold' Club
Wednesday, March 9, 2016 - 10:59am | 250Read More...Jefferies’ Christopher LaFemina downgraded the rating for BHP Billiton Limited (ADR) (NYSE: BHP) from Buy to Hold, saying that BHP’s shares continue to trade above the price target of $24. Improved mining sentiment had resulted in a biggest six-week rally in mining stocks in more...
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Is Glencore Too Big To Fail?
Tuesday, September 29, 2015 - 2:09pm | 863Read More...An Investec note highlighting Glencore International PLC, St. Heiler (OTC: GLCNF)’s debt issues have sent shares plunging this week. Glencore’s size and role as a commodity trading firm have drawn fearful comparisons to Lehman Bros. A report by University of Houston professor Craig...
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Analyst Sees Bright Spot In Copper As Miners Dig Deeper In Hole
Tuesday, March 10, 2015 - 4:16pm | 252Read More...Mining stocks are likely to dig deeper in the short-term but the copper segment should see a recovery strong recovery beginning in 2017, an analyst said Tuesday. Jefferies Christopher LaFemina called Freeport-McMoRan Inc. (NYSE: FCX) "one of our top picks in the sector" and said...
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Stifel: Peabody Energy Has A 'Stretched Balance Sheet And Lack Of Free Cash Flow'
Tuesday, March 10, 2015 - 2:52pm | 284Read More...Stifel downgraded Peabody Energy Corporation (NYSE: BTU) from Buy to Hold and set a $6 price target. Analysts led by Christopher LaFemina felt that a "lack of investment in new seaborne coal capacity and recently announced production cuts" from Glencore PLC (LON: GLEN) "should...
