Deutsche Bank rates Southern Copper (PCU) as Sell

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Wed, Nov 5, 2008
Copper Market News
Post by Researcher , Copper Researcher

Deutsche Bank had downgraded Southern Copper from Hold to Sell.

Deutsche analyst said:

We are downgrading PCU based mainly on valuation and the stock’s impressive rally – PCU has gained 70% in 6 trading days since hitting a low of US$9.84/share on October 27th compared with a gain of 18% for the S&P500.

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