HC Wainwright & Co. Reiterates Buy on NioCorp Developments, Maintains $13 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Heiko Ihle has reiterated a 'Buy' rating on NioCorp Developments (NASDAQ:NB) and maintained a $13 price target.
August 29, 2023 | 10:15 am
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POSITIVE IMPACT
NioCorp Developments' stock rating has been reiterated as 'Buy' by HC Wainwright & Co. with a maintained price target of $13.
The reiteration of a 'Buy' rating by a reputable analyst firm like HC Wainwright & Co. is a positive signal for investors. The maintained price target of $13 also indicates the firm's confidence in the stock's potential to reach this price. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100