HSBC Maintains Buy on Sociedad Quimica Y Minera, Lowers Price Target to $90.5
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Santhosh Seshadri maintains a 'Buy' rating on Sociedad Quimica Y Minera (SQM) but lowers the price target from $134 to $90.5.
July 06, 2023 | 11:46 am
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HSBC maintains a 'Buy' rating on SQM but lowers the price target from $134 to $90.5.
The news is directly related to SQM as HSBC maintains a 'Buy' rating on the company but lowers the price target. This could indicate a potential decrease in the stock's value in the short term, but the 'Buy' rating suggests that the stock is still a good investment in the long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100