TD Securities Maintains Buy on Iamgold, Lowers Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
TD Securities analyst Steven Green maintains a Buy rating on Iamgold (NYSE:IAG) but lowers the price target from $6 to $5.5.
August 14, 2023 | 4:22 pm
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TD Securities maintains a Buy rating on Iamgold but lowers the price target from $6 to $5.5.
The news is directly related to Iamgold (IAG). While the Buy rating is maintained, the lowering of the price target might indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the Buy rating suggests that the stock is still expected to perform well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100