0554 GMT - Antofagasta shares are attractively priced after last week's selloff, Berenberg analysts write as they upgrade their rating on the stock to buy from hold, and keep the target price unchanged at 44 pounds. Copper prices and equities slumped on reports that the U.S. still hasn't made a decision on refined copper tariffs. This removed some of the premium in copper prices. The London-listed Chilean copper miner has quality assets in a low-risk jurisdiction, they say. Forecast volume growth in 2027 and 2028 will help drive a rerating of the shares, the analysts write. Shares closed Friday at 37.90 pounds.
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