Interesting, dont take too seriously from Citi, without...

Interesting, dont take too seriously from Citi, without taxpayers' money, they would be non-existent.

Citi has upgraded its base metal price forecasts

Copper up to $US2.91/lb from $US$2.50
Aluminium up to US85c/lb from US70c/lb
Zinc up to US85c/lb from US70c/lb
Lead up to $US1.20/lb from US86c
Main recommendation changes:

BHP Billiton FY10 earnings were lifted by 12% to $US11.3bn. They maintain their Buy recommendation and 4500c target price.
RioTinto’searnings were lifted by 9% to US$5.2bn in 2009 and 6% to $US7.5bn in 2010. They maintain their Buy recommendation and 70000c target price.
Equinox Mineral (EQN) remains their preferred copper pick and PanAust (PNA) is a Hold and Oz Minerals (OZL) a SELL.