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Aluminum Corp. of China  upgraded to Buy from Sell at Goldman Sachs
The Fly

Aluminum Corp. of China upgraded to Buy from Sell at Goldman Sachs

Goldman Sachs upgraded Aluminum Corp. of China (ALMMF) to Buy from Sell with a price target of HK$6.80, up from HK$4.40. At the sector level, the firm revised its 2024-26 earnings forecasts based on updated price/margin assumptions for cement, aluminum/alumina, copper, coal, steel, and paper.

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