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Trilogy Metals upgraded at Raymond James on Alaska copper project (TMQ:NYSE)
Trilogy Metals (TMQ) was upgraded to Outperform from Market Perform by Raymond James, with a C$8 price target. The upgrade is attributed to the company’s copper exposure through the Arctic project in Alaska, which has the support of the Alaskan government and NANA. Trilogy Metals’ stock was up 2.4% in Monday’s trading following the news.