Antofagasta: broker upgrade in support

(CercleFinance.com) - Antofagasta gains 4% in London, with the help of an upgrade by UBS from 'neutral' to 'buy' and a price target raised from 1,600 to 1,700 pence on the Chilean mining company's shares.


Antofagasta's bottom-up investment case is at an inflection point, with the stock offering 'low-risk' growth and leverage from exposure to rising copper prices', the broker believes.

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