UBS lowers price target on Southern Copper Corp citing trade war, remains optimistic on metals.

From Yahoo Finance: 2025-06-29 21:43:00

UBS lowered its price target on Southern Copper Corporation (SCCO) from $120 to $100 on April 15, citing the trade war as a reason for the adjustment. Despite short-term forecasts for industrial metals being lowered, the company remains optimistic about a medium-term rebound in copper and aluminum prices, as well as having a positive outlook on gold. Southern Copper Corporation is a major copper producer with operations in Peru and Mexico, ranked eighth on the list of best copper stocks. While SCCO shows investment potential, some AI stocks may offer greater upside potential and less downside risk.



Read more at Yahoo Finance: UBS Lowers Price Target On Southern Copper Corporation (SCCO)