BofA Securities names top mining stocks as copper outlook brightens
Investing.com -- BofA Securities has updated its mining sector rankings, elevating several major producers as the investment bank raised its long-term copper price forecast by 20% to $12,000 per ton for 2026. The upgrade reflects persistent supply issues that continue to push copper prices higher, even as analysts monitor risks from potential energy shocks and data center capital expenditure pauses.
Investing.com -- BofA Securities has updated its mining sector rankings, elevating several major producers as the investment bank raised its long-term copper price forecast by 20% to $12,000 per ton for 2026. The upgrade reflects persistent supply issues that continue to push copper prices higher, even as analysts monitor risks from potential energy shocks and data center capital expenditure pauses.
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