Scotiabank Maintains Outperform on Hudbay Minerals, Lowers Price Target to $10.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Orest Wowkodaw has maintained an Outperform rating on Hudbay Minerals (NYSE:HBM) but lowered the price target from C$11 to C$10.5.
June 28, 2023 | 6:49 pm
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NEUTRAL IMPACT
Scotiabank has maintained an Outperform rating on Hudbay Minerals but lowered the price target from C$11 to C$10.5.
The news is directly about Hudbay Minerals and its rating by Scotiabank. The Outperform rating is maintained which is positive, but the price target is lowered which might have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100