Scotiabank Maintains Sector Underperform on Southern Copper, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Alfonso Salazar maintains a Sector Underperform rating on Southern Copper (NYSE:SCCO) and lowers the price target from $55 to $54.

May 21, 2024 | 6:28 pm
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Scotiabank analyst Alfonso Salazar maintains a Sector Underperform rating on Southern Copper and lowers the price target from $55 to $54.
The maintenance of a Sector Underperform rating and the lowering of the price target from $55 to $54 by Scotiabank is likely to have a negative short-term impact on Southern Copper's stock price. This indicates a bearish outlook from the analyst, which could influence investor sentiment negatively.
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IMPORTANCE 80
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