Jefferies Raises Sandfire Resources Price Target 9% to A$25.50

Jefferies raises price targets on a slew of Australian copper miners after a taking a more bullish view of the outlook for the industrial metal. Jefferies increases its long-term copper price to US$6/lb, from US$5/lb. The bank's price target on Sandfire Resources rises 9% to A$25.50/share, putting…