1 Stock-Split Stock That Can Plunge 52%, According to Wall Street
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AI Summary
- Southern Copper Corp. enacted a 10-for-1 stock split, resulting in adjusted $115 share price. - Analysts from Goldman Sachs, Morgan Stanley, and Scotiabank turned bearish on SCCO. - Bears have a $63 consensus target for SCCO, with one firm targeting $52.36. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Industry News
Market-Moving
- Southern Copper Corp. enacted a 10-for-1 stock split, resulting in adjusted $115 share price.
- Analysts from Goldman Sachs, Morgan Stanley, and Scotiabank turned bearish on SCCO.
- Bears have a $63 consensus target for SCCO, with one firm targeting $52.36.
Key Facts
- Southern Copper Corp. enacted a 10-for-1 stock split, resulting in adjusted $115 share price.
- Analysts from Goldman Sachs, Morgan Stanley, and Scotiabank turned bearish on SCCO.
- Bears have a $63 consensus target for SCCO, with one firm targeting $52.36.