©Reuters.

By Scott Kanowsky

Investing.com – shares in Glencore PLC (LON:) rose on Wednesday after analysts at AllianceBernstein upgraded their rating of the mining giant, citing a rise in coal prices fueled by dwindling European gas supplies due to the outbreak of war in Ukraine.

In a note to clients, analysts said they have upgraded their rating of the Baar, Switzerland-based company to Outperform from Market Perform. They also increased their…



Source link