These brokers are pretty smart fellas. Anyway, any publicity is good
Nickel Mines was next after Macquarie noted a remarkable surge in electric vehicles in the fourth quarter, which has has propelled nickel sulphate prices higher. The company is the broker’s preferred nickel exposure, featuring strong forecast free cash flow yields, which increase further in a spot price scenario.
The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS.
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