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Nexa Resources raised at Morgan Stanley on compelling valuation, Boliden tender offer (NEXA:NYSE)

Zinc mine nugget

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Nexa Resources (NEXA) rose 2.1% in Wednesday’s trading as Morgan Stanley upgraded the zinc miner and smelter to Overweight from Equal Weight with a $14.20 price target, raised from $13.50, saying the stock’s recent pullback despite zinc and copper prices rising 5% and

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