Roth MKM Reiterates Buy on New Found Gold, Maintains $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Mike Niehuser has reiterated a 'Buy' rating on New Found Gold (AMEX:NFGC) and maintained a price target of $9.
September 21, 2023 | 4:14 pm
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New Found Gold's stock may see positive movement as Roth MKM analyst Mike Niehuser reiterates a 'Buy' rating and maintains a $9 price target.
Analyst ratings often influence the market's perception of a stock. In this case, the 'Buy' rating from Roth MKM, a reputable firm, coupled with a maintained price target of $9, indicates a positive outlook for New Found Gold. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100