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Jefferies downgrades Anglo American to 'hold'

By Michele Maatouk

Date: Thursday 30 May 2024

(Sharecast News) - Jefferies downgraded Anglo American to 'hold' from 'buy' on Thursday and slashed the price target to 2,700p from 3,200p after BHP abandoned its £39bn pursuit of the London-listed miner as the deal structure couldn't be resolved.
"BHP has been unsuccessful in its attempt to acquire Anglo American as...

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