Copper Investing News » Deutsche Bank rates Southern Copper (PCU) as Sell

Deutsche Bank rates Southern Copper (PCU) as Sell

November 5, 2008 @ 8:46 am In Copper Market News

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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[1] here: http://www.streetinsider.com/Downgrades/Deutsche+Bank+Downgrades+Southern+Copper+(PCU)+to+Sell/4126620.html