Canaccord Genuity Upgrades Gatos Silver to Buy, Raises Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kevin MacKenzie has upgraded Gatos Silver (NYSE:GATO) from Hold to Buy and raised the price target from $5 to $5.5.
September 08, 2023 | 12:36 pm
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Gatos Silver's stock rating has been upgraded from Hold to Buy by Canaccord Genuity, with a raised price target of $5.5.
The upgrade from Hold to Buy indicates a positive outlook for Gatos Silver's stock. The raised price target from $5 to $5.5 also suggests that the analyst expects the stock price to increase in the short term. This could potentially lead to a positive impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100