🔴 Buenaventura is trading 5% down in pre-market as higher Treasury yields weigh on cyclical shares

Buenaventura is trading at $29.54, down -5.11% in pre-market on October 8, with the decline appearing consistent with materials-sector pressure and risk-off markets as higher Treasury yields weigh on cyclical shares.

• It closed at $31.13 on October 7; no clear company-specific announcement surfaced for October 8.
• On October 7, Morgan Stanley raised its price target to $39 from $33, a positive analyst action that does not explain this morning’s decline.