Glencore Shares Attractively Priced with Reasons to be Positive — Market Talk
Glencore shares are attractively priced after a roughly 15% fall from recent highs, UBS analyst Myles Allsop writes as he upgrades the stock to buy from neutral. The target price rises to 6.50 pounds from 6.20 pounds. Shares in the commodity giant have fallen due to macroeconomic risks, coal prices…