Barclays Maintains Overweight on Agnico Eagle Mines, Lowers Price Target to $61
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Matthew Murphy has maintained an Overweight rating on Agnico Eagle Mines (NYSE:AEM) but lowered the price target from $63 to $61.
July 07, 2023 | 1:13 pm
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NEUTRAL IMPACT
Barclays has maintained an Overweight rating on Agnico Eagle Mines but lowered the price target from $63 to $61.
The news is directly about Agnico Eagle Mines. Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may have a neutral to slightly negative impact on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100