Canaccord upgraded Lundin Mining (LUNMF) to Buy from Hold with a price target of C$14, up from C$13. The “chaotic nature” of current U.S. trade policy directives “masks significant opportunities ahead for all metals, but particularly copper,” the analyst tells investors in a research note. The firm believes a defensive posturing makes sense for 2025.
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Read More on LUNMF:
- Lundin Mining Sells Neves-Corvo and Zinkgruvan to Boliden for $1.40 Billion
- Lundin Mining upgraded to Buy from Hold at Canaccord
- Lundin Mining price target lowered to SEK 120 from SEK 124 at JPMorgan
- Lundin Mining upgraded to Buy from Hold at TD Securities
- Lundin Mining price target lowered to C$13.50 from C$14.50 at UBS
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