BMO Capital Reinstates Outperform on Hecla Mining, Announces $5.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ryan Thompson has reinstated Hecla Mining (NYSE:HL) with an Outperform rating and announced a price target of $5.5.
September 14, 2023 | 10:01 am
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POSITIVE IMPACT
Hecla Mining's stock is likely to be positively impacted in the short term due to the reinstatement of an Outperform rating and a price target of $5.5 by BMO Capital.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, BMO Capital's reinstatement of an Outperform rating and a price target of $5.5 for Hecla Mining is a positive signal to investors, which could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100