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Buy, Sell, Hold: South32, Newcrest and S2

THE verdict on quarterly reports from South32 and Newcrest; and coverage initiated on newcomer S2.

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South32 (S32) Analysts: Glyn Lawcock, Myles Allsop, Amber MacKinnon, UBS Recommendation: Buy Price target: $A2.15 (previously $2) Thursday’s close: $1.495 Reason: Greater than $1M/day cash generation...

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