RBC Capital cuts Anglo American stock target to GBP21.30
PLC (AAL:LN) (OTC: NGLOY), reducing the mining giant's price target from GBP 22.00 to GBP 21.30, while maintaining an Underperform rating on the stock. The revision comes after the firm incorporated Anglo American's most recent fourth-quarter fiscal year 2024 production results and its guidance for the years 2025 to 2027 into their financial model.