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Bluescope Steel downgraded to Underperform from Neutral at Credit Suisse

Bluescope Steel downgraded to Underperform from Neutral at Credit Suisse

Credit Suisse analyst Peter Wilson downgraded Bluescope Steel to Underperform from Neutral with a price target of A$14.40, down from A$19.90. The analyst says the company’s guidance implies profitability back to pre-COVID levels and no structural growth.

Published first on TheFly

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