Barclays downgrades Fresnillo and Valterra Platinum on valuation concerns
AI Summary- Barclays downgraded Fresnillo and Valterra Platinum to underweight from equal weight.
- Barclays cut Fresnillo's target to 2,500 pence and Valterra's to 1,260 rand.
- Endeavour Mining and Hochschild Mining remained Barclays' preferred overweight exposures.