RBC Capital Reiterates Outperform on First Quantum Minerals, Maintains C$42 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Sam Crittenden has reiterated an 'Outperform' rating on First Quantum Minerals (TSX:FM) and maintained a price target of C$42.
July 27, 2023 | 3:45 pm
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First Quantum Minerals' stock rating has been reiterated as 'Outperform' by RBC Capital, with a maintained price target of C$42.
The reiteration of an 'Outperform' rating by a major analyst like RBC Capital indicates a positive outlook for the company's stock. The maintained price target of C$42 also suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100