HC Wainwright & Co. Maintains Buy on Perpetua Resources, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on Perpetua Resources (NASDAQ:PPTA) but lowers the price target from $10.25 to $10.

September 26, 2023 | 10:18 am
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Perpetua Resources' price target has been lowered from $10.25 to $10 by HC Wainwright & Co., though the 'Buy' rating is maintained.
The lowering of the price target by HC Wainwright & Co. could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Buy' rating indicates that the analyst still sees potential in the stock, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100