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Sandfire Resources downgraded to Neutral from Outperform at Macquarie

Sandfire Resources downgraded to Neutral from Outperform at Macquarie

Macquarie downgraded Sandfire Resources (SFRRF) to Neutral from Outperform with a A$10.20 price target Q1 results were mixed and with the shares up 44% year-to-date the stock looks “fairy priced,” the analyst tells investors.

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