BMO Capital Maintains Outperform on Eldorado Gold, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Quast maintains an Outperform rating on Eldorado Gold (NYSE:EGO) but lowers the price target from C$18 to C$17.
June 09, 2023 | 5:39 pm
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NEUTRAL IMPACT
BMO Capital maintains Outperform rating on Eldorado Gold (NYSE:EGO) but lowers the price target from C$18 to C$17.
The news of BMO Capital maintaining an Outperform rating on Eldorado Gold indicates a positive outlook for the company. However, the lowering of the price target from C$18 to C$17 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100