HC Wainwright & Co. Maintains Buy on GoldMining, Lowers Price Target to $5
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on GoldMining (AMEX:GLDG) but lowers the price target from $5.25 to $5.
May 19, 2023 | 10:24 am
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NEUTRAL IMPACT
HC Wainwright & Co. maintains a Buy rating on GoldMining (AMEX:GLDG) but lowers the price target from $5.25 to $5.
The news of HC Wainwright maintaining a Buy rating on GoldMining is positive for the stock. However, the lowering of the price target from $5.25 to $5 may create some uncertainty among investors, potentially offsetting the positive sentiment. As a result, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100