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Southern Copper's (SCCO) premium valuation 'unwarranted' - Deutsche Bank

Go back to Southern Copper's (SCCO) premium valuation 'unwarranted' - Deutsche Bank

Deutsche Bank Downgrades Southern Copper (SCCO) to Sell, 'Ordinary growth & returns but valuation extraordinary'

November 23, 2022 2:30 AM EST

(Updated - November 23, 2022 3:10 AM EST)

Deutsche Bank analyst Abhi Agarwal downgraded Southern Copper (NYSE: SCCO) from Hold to Sell with a price target of $45.00.

The analyst comments "Southern Copper (SCCO) shares have outperformed over the last one month (up... More