Stifel Upgrades Eldorado Gold to Buy, Lowers Price Target to C$15.5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Ingrid Rico has upgraded Eldorado Gold (TSX:ELD) from Hold to Buy, but lowered the price target from C$16.5 to C$15.5.
October 11, 2023 | 1:07 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Eldorado Gold's stock has been upgraded to Buy by Stifel, but the price target has been lowered to C$15.5.
The upgrade to Buy indicates a positive outlook for Eldorado Gold's stock. However, the lowering of the price target may temper some of the potential upside. The net effect is likely to be positive in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100