HC Wainwright & Co. Maintains Buy on Hecla Mining, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on Hecla Mining (NYSE:HL) but lowers the price target from $9.25 to $9.
September 19, 2023 | 10:12 am
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NEUTRAL IMPACT
Hecla Mining's price target has been lowered from $9.25 to $9 by HC Wainwright & Co., though the 'Buy' rating is maintained.
The lowering of the price target could indicate a potential decrease in the stock's value. However, the maintained 'Buy' rating suggests that the analyst still sees potential in the company's stock, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100