G Sachs' Latest Ratings and TPs on Resource Stocks (Table)
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Goldman Sachs updated ratings and target prices for various resource stocks. In steel, it maintained 'Sell' on Angang and Ansteel, and 'Neutral' on Baosteel and Maanshan. For coal, China Coal was upgraded to 'Buy', while Yankuang was downgraded to 'Sell'. Cement stocks like Conch remained 'Buy'. Basic metals saw mostly 'Buy' or 'Neutral' ratings for Zijin Mining and Jiangxi Copper. Paper stocks ND Paper and Sun Paper were rated 'Sell'.
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