Stifel Downgrades SilverCrest Metals to Hold, Lowers Price Target to C$8.25
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Stephen Soock has downgraded SilverCrest Metals from Buy to Hold and lowered the price target from C$13 to C$8.25.
August 01, 2023 | 9:33 am
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SilverCrest Metals has been downgraded from Buy to Hold by Stifel, with a lowered price target of C$8.25.
The downgrade from Buy to Hold by Stifel indicates a less optimistic outlook for SilverCrest Metals. The lowered price target from C$13 to C$8.25 also suggests that the analyst believes the stock may not perform as well as previously expected in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100