Regis Resources (ASX:RRL) was downgraded to "sell" by UBS, with the bank citing the stock's recent price rally, according to a Friday report by the Australian Financial Review.
Shares of the company rose nearly 2% in recent Friday trade.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)