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Capstone Copper initiated with a Buy at Citi

Capstone Copper initiated with a Buy at Citi

Citi analyst Kate McCutcheon initiated coverage of Capstone Copper (CSCCF) with a Buy rating and C$12.30 price target The firm see positive earnings momentum on the company’s execution of growth projects as well as upward revisions to copper prices. Citi remains medium-term copper bulls underpinned by decarbonization-led demand growth, the analyst tells investors in a research note.

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