Stifel Maintains Buy on SilverCrest Metals, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Soock has maintained a 'Buy' rating on SilverCrest Metals (AMEX:SILV) and raised the price target from C$12.5 to C$13.
July 13, 2023 | 5:15 pm
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POSITIVE IMPACT
Stifel's maintained 'Buy' rating and increased price target for SilverCrest Metals could potentially boost investor confidence and positively impact the stock's price in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Stifel's maintained 'Buy' rating indicates a positive outlook for SILV, and the raised price target suggests an expectation of future price appreciation. This could potentially lead to increased buying pressure, driving up the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100