JP Morgan Maintains Overweight on Sibanye Stillwater, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Dominic O'Kane maintains an Overweight rating on Sibanye Stillwater (NYSE:SBSW) but lowers the price target from $13 to $9.
September 29, 2023 | 12:24 pm
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NEGATIVE IMPACT
JP Morgan maintains an Overweight rating on Sibanye Stillwater but lowers the price target from $13 to $9.
The lowering of the price target by JP Morgan from $13 to $9 indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100