CIBC Raises Target CIBC World Markets analyst Bryce Adams upgraded Ero Copper Corp. to “outperformer” from “neutral” on Thursday with a $36 target, up from $32 and exceeding the $35.06 average on the Street.
He also made these other target adjustments to stocks in his coverage universe:
- Cameco Corp. ( “outperformer”) to $80 from $74. The average is $76.48.
- Capstone Copper Corp. ( “outperformer”) to $12 from $10.50. Average: $13.08.
- Filo Corp. ( “outperformer”) to $40 from $38.50. Average: $34.08.
- First Quantum Minerals Ltd. ( “neutral”) to $18 from $15. Average: $19.48.
- Hudbay Minerals Inc. ( “outperformer”) to $15.50 from $14.50. Average: $16.01.
- Lundin Mining Corp. ( “neutral”) to $16 from $15. Average: $17.97.