JP Morgan Maintains Underweight on Lundin Mining, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Patrick Jones has maintained an Underweight rating on Lundin Mining (OTC:LUNMF) and lowered the price target from C$8.4 to C$8.
October 12, 2023 | 4:08 pm
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JP Morgan has maintained an Underweight rating on Lundin Mining and lowered the price target, which could negatively impact the stock's performance.
The lowered price target by JP Morgan indicates a bearish outlook for Lundin Mining. This could lead to a decrease in the stock's price as investors adjust their expectations based on this new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100