HC Wainwright & Co. Reiterates Buy on MAG Silver, Maintains $20.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Heiko Ihle has reiterated a 'Buy' rating on MAG Silver (AMEX:MAG) and maintained a price target of $20.5.
August 09, 2023 | 10:00 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
HC Wainwright & Co. has reiterated a 'Buy' rating on MAG Silver and maintained a price target of $20.5.
The reiteration of a 'Buy' rating by HC Wainwright & Co. indicates their continued confidence in MAG Silver. The maintained price target of $20.5 suggests they believe the stock is undervalued at current levels. This could potentially lead to increased investor interest and upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100