05-04-2025
Hudbay Minerals initiated with a Buy at Desjardins
Desjardins analyst Bryce Adams initiated coverage of Hudbay Minerals (HBM) with a Buy rating and C$16 price target The firm, which is initiating coverage of several Canadian-listed copper companies, has a positive long-term outlook for copper pricing as it views the metal as a key input for global decarbonization efforts, data center demand and EV use.
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