Jefferies analyst Mitch Ryan downgraded Allkem to Hold from Buy with a price target of A$15, down from A$15.50, after updating its commodity views to reflects a more positive view of a Chinese-led recovery, offsetting weakness in the U.S. and Europe in 2023.
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Published first on TheFly
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Read More on OROCF:
- Allkem upgraded to Buy from Hold at Jefferies
- Allkem downgraded to Underweight from Equal Weight at Morgan Stanley
- Allkem initiated with a Buy at Goldman Sachs
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