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2026-02-18 11:28:38
Macquarie: BHP Billiton Achieves Key Milestone in Copper Business Plans. Macquarie stated in a report that BHP Billiton's first-half financial results were "a significant milestone in the company's development." The world's largest miner has charted a clear path for growth in its copper business after several acquisitions, detailed plans emerging three months after another failed takeover bid for Anglo American. Macquarie said, "A longer-term growth trajectory and financing pathways are evident, while a higher dividend payout also meets the needs of income-oriented investors." The bank raised its target price for BHP Billiton by 2% to A$52 per share, maintaining a neutral rating.
