HC Wainwright & Co. Maintains Buy on First Majestic Silver, Lowers Price Target to $12
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on First Majestic Silver (NYSE:AG) but lowers the price target from $12.5 to $12.
August 07, 2023 | 10:03 am
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First Majestic Silver's price target has been lowered from $12.5 to $12 by HC Wainwright & Co., though the 'Buy' rating is maintained.
The lowering of the price target could indicate a potential decrease in the stock's value. However, the maintained 'Buy' rating suggests that the analyst still sees potential in the company. The impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100