HC Wainwright & Co. Maintains Buy on GoldMining, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on GoldMining (AMEX:GLDG), but has lowered the price target from $5.25 to $4.5.

September 27, 2023 | 11:04 am
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NEUTRAL IMPACT
GoldMining's price target has been lowered from $5.25 to $4.5 by HC Wainwright & Co., but 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 upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100