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Thursday’s analyst upgrades and downgrades Add to ...

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Inside the Market’s roundup of some of today’s key analyst actions

In a research note reviewing the fourth quarter for Canada’s mining sector, Raymond James analyst Christ Thompson slightly decreased valuation multiples for companies in his coverage universe.

Accordingly, Mr. Thompson said the multiples, which he called “previously elevated,” now signal buying opportunities based on their lower levels. Those changes prompted him to upgrade his ratings for seven companies.

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