RBC Capital Upgrades Iamgold to Sector Perform, Raises Price Target to $2.75
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Josh Wolfson has upgraded Iamgold (NYSE:IAG) from Underperform to Sector Perform and raised the price target from $1.75 to $2.75.
September 12, 2023 | 9:43 am
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Iamgold's stock rating has been upgraded by RBC Capital from Underperform to Sector Perform, with a raised price target from $1.75 to $2.75.
The upgrade from Underperform to Sector Perform indicates a more positive outlook for Iamgold by RBC Capital. The raised price target from $1.75 to $2.75 suggests that the analyst believes the stock has potential for growth in the short term. This could lead to increased investor interest and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100