CIBC Maintains Outperformer on Hudbay Minerals, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Oscar Cabrera maintains an Outperformer rating on Hudbay Minerals (NYSE:HBM) but lowers the price target from $10 to $9.
June 21, 2023 | 4:53 pm
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NEUTRAL IMPACT
CIBC analyst Oscar Cabrera maintains an Outperformer rating on Hudbay Minerals (NYSE:HBM) but lowers the price target from $10 to $9.
The lowered price target from $10 to $9 by CIBC analyst Oscar Cabrera may have a neutral short-term impact on HBM's stock price. While the Outperformer rating is maintained, the reduced price target may cause some investors to reevaluate their positions, but the overall positive outlook remains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100