- Southern Copper (SCCO +1.6%) is upgraded to Buy from Hold with a $34 price target at BB&T, which believes SCCO is poised to deliver significant production growth starting in 2015.
- The firm thinks the stock's risk/reward profile has improved greatly following higher expectations which have been reset in the past few quarters, tightening global copper supply/demand, and projected higher output upon completion of the Buenavista expansion.
Southern Copper moves up on BB&T Buy recommendation
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About SCCO Stock
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Symbol | Last Price | % Chg |
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SCCO | - | - |
Southern Copper Corporation |