BMO Capital Maintains Outperform on Franco-Nevada, Lowers Price Target to C$232
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Jackie Przybylowski has maintained an 'Outperform' rating on Franco-Nevada (TSX:FNV) but lowered the price target from C$233 to C$232.

August 09, 2023 | 2:35 pm
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Franco-Nevada's price target has been lowered by BMO Capital from C$233 to C$232, though the 'Outperform' rating is maintained.
The news is directly about Franco-Nevada and its price target. While the reduction in price target might suggest a slightly less optimistic outlook, the maintenance of the 'Outperform' rating indicates that the analyst still expects the stock to do well. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100