Deutsche Bank has upgraded its rating on Glencore PLC (LSE:GLEN) stock from hold to buy with a 540p price target. Liam Fitzpatrick, head of metal and mining equity research at Deutsche Bank, commented: “We expect the market focus to shift towards the upcoming completion of the EVR acquisition and a decision on whether or not to proceed with the CoalCo demerger. “We believe there is a growing chance that the planned separation is deferred and, if so, Glencore will again become the leading cash generator in t ...