RBC Capital Upgrades Boliden (BDNNY), Raises Price Target Amid Strategic Acquisition | BDNNY Stock News

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3 days ago
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Boliden (BDNNY, Financial) has seen its rating upgraded by RBC Capital, with analyst Marina Calero moving the stock from Underperform to Sector Perform. The upgrade is accompanied by an increased price target, now at SEK 313, up from the previous SEK 290.

This positive outlook follows Boliden's strategic acquisition of Zinkgruvan/Somincor. The purchase is viewed favorably due to its potential to enhance financial metrics, expand operational scale, and create synergy opportunities with Boliden's existing smelting operations and the Garpenberg mine.

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