Beadell Resources cut
Elise ShawMarkets Online Editor
RBC Capital Markets cut Beadell Resources to "underperform" from "sector perform" with a price target at 10¢ from 15¢ previously.
"Due to the recent strong share price performance (+60 per cent since mid-September) and continued concerns around the balance sheet, we downgrade BDR to 'underperform' and lower our 12-month price target to 10¢ a share.
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