B. Riley Securities Maintains Buy on Hecla Mining, Lowers Price Target to $5.5
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities has maintained a 'Buy' rating on Hecla Mining (NYSE:HL) but lowered the price target from $6 to $5.5.
August 24, 2023 | 2:54 pm
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Hecla Mining's price target has been lowered from $6 to $5.5 by B. Riley Securities, though the 'Buy' rating is maintained.
While the lowered price target might initially seem negative, the maintained 'Buy' rating indicates that B. Riley Securities still sees potential in Hecla Mining. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100