HC Wainwright & Co. Maintains Buy on Hecla Mining, Lowers Price Target to $9.25
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Hecla Mining (NYSE:HL) but lowers the price target from $10 to $9.25.
August 10, 2023 | 10:34 am
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Hecla Mining's price target has been lowered from $10 to $9.25 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 maintained Buy rating indicates that the analyst still sees potential in the company, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100