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Jefferies downgraded Paladin Energy (PALAF) to Hold from Buy with a price target of A$5.50, down from A$8.50. Paladinâs update confirmed many of the firmâs impact assumptions, but the issues surrounding the extent of impacts to both the stockpiles and open pit mining âappear more aggressive than our prior expectations,â says the analyst, who further lowered the firmâs FY25 and FY26 production expectations.
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>>> Read more: Paladin Energy downgraded to Hold from Buy at Jefferies
Light Up your Portfolio with Spark:
Easily identify stocks' ris...
>>> Read more: Paladin Energy downgraded to Hold from Buy at Jefferies