JP Morgan Maintains Overweight on Sibanye Stillwater, Lowers Price Target to $7
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 $9 to $7.
October 12, 2023 | 4:12 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on Sibanye Stillwater but lowers the price target from $9 to $7.
The news is directly related to Sibanye Stillwater. While the Overweight rating is maintained, which is generally positive, the lowering of the price target from $9 to $7 could have a negative impact on investor sentiment. However, the overall impact is neutral as the Overweight rating indicates that JP Morgan still expects the stock to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100