Morgan Stanley Maintains Equal-Weight on Buenaventura Mining Co, Lowers Price Target to $8.6
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba maintains an Equal-Weight rating on Buenaventura Mining Co (NYSE:BVN) and lowers the price target from $9.3 to $8.6.
June 22, 2023 | 9:44 am
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Morgan Stanley maintains an Equal-Weight rating on Buenaventura Mining Co (NYSE:BVN) and lowers the price target from $9.3 to $8.6.
The lowered price target by Morgan Stanley analyst Carlos De Alba indicates a potential decrease in the stock price of Buenaventura Mining Co (NYSE:BVN) in the short term. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, but the reduced price target may lead to a negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100