UBS has put a sell on BDR today, reference FNArena. Quote:...

UBS has put a sell on BDR today, reference FNArena.
Quote:
September quarter production almost doubled on the prior quarter but remained below UBS forecasts.
With a lack of asset diversification and a predominately Brazilian real cost base, the broker believes a premium valuation is hard to justify. Sell rating retained. Target is 35c.
Im long in goodies (EVN, ERM, BLK, EXU) so I've sold BDR, to spend elsewhere
Good luck everyone