HC Wainwright & Co. Maintains Buy on Vista Gold, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Vista Gold (AMEX:VGZ) but lowers the price target from $2.75 to $2.5.
August 04, 2023 | 3:08 pm
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NEUTRAL IMPACT
Vista Gold's price target has been lowered from $2.75 to $2.5 by HC Wainwright & Co., though the Buy rating is maintained.
The lowering of the price target by HC Wainwright & Co. could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the Buy rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100