Ero Copper (NYSE:ERO) Lowered to "Neutral" Rating by Bank of America

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Bank of America has downgraded Ero Copper (NYSE:ERO) from a “buy” to a “neutral” rating, contributing to a “Moderate Buy” consensus rating with an average target price of $32.50. This follows similar downgrades from other brokerages, including Wall Street Zen, TD Cowen, Stifel Nicolaus, and TD Securities. Shares of Ero Copper were trading down approximately 2.9% following the announcement.

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