Scotiabank Maintains Outperform on First Quantum Minerals, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Orest Wowkodaw has maintained an Outperform rating on First Quantum Minerals (OTC:FQVLF) but lowered the price target from C$41 to C$40.
June 28, 2023 | 6:42 pm
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Scotiabank has maintained an Outperform rating on First Quantum Minerals but lowered the price target from C$41 to C$40.
The news is directly about First Quantum Minerals. While the Outperform rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook. However, the impact on the stock price is uncertain in the short term as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100