RBC Capital Maintains Outperform on Endeavour Mining, Lowers Price Target to C$41
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Wayne Lam has maintained an 'Outperform' rating on Endeavour Mining (TSX:EDV), but lowered the price target from C$44 to C$41.
July 05, 2023 | 1:19 pm
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NEUTRAL IMPACT
Endeavour Mining's price target has been lowered from C$44 to C$41 by RBC Capital, though the 'Outperform' rating is maintained.
The news directly pertains to Endeavour Mining as RBC Capital has lowered its price target for the company. However, the 'Outperform' rating is maintained, indicating that the analyst still expects the company's stock to outperform the market. This could have a neutral impact on the stock's price in the short term as the lowered price target might be offset by the maintained positive rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100