JP Morgan Maintains Neutral on First Quantum Minerals, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Patrick Jones has maintained a Neutral rating on First Quantum Minerals (OTC:FQVLF) and lowered the price target from C$27 to C$26.
October 12, 2023 | 3:53 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on First Quantum Minerals and lowered the price target, which could potentially impact the stock's performance.
The lowered price target by JP Morgan could potentially lead to a negative sentiment among investors, impacting the stock's short-term performance. However, the maintained Neutral rating indicates that the analyst does not foresee significant changes in the stock's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100