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China Coal Energy downgraded to Sell from Neutral at Goldman Sachs

China Coal Energy downgraded to Sell from Neutral at Goldman Sachs

Goldman Sachs downgraded China Coal Energy (CCOZF) to Sell from Neutral with a price target of HK$7.50, down from HK$8.60. 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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