National Bank Financial Inc Maintains Outperform on Hecla Mining, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
National Bank Financial Inc's analyst Mike Parkin maintains an 'Outperform' rating on Hecla Mining (NYSE:HL) but has lowered the price target from $7.25 to $7.
September 19, 2023 | 8:39 am
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Hecla Mining's price target has been lowered from $7.25 to $7 by National Bank Financial, though the 'Outperform' rating is maintained.
The lowering of the price target could potentially create a negative sentiment among investors, but the maintained 'Outperform' rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100