B of A Securities Downgrades Sibanye Stillwater to Underperform
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Cameron Needham has downgraded Sibanye Stillwater (NYSE:SBSW) from Neutral to Underperform.
October 18, 2023 | 8:48 am
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Sibanye Stillwater has been downgraded from Neutral to Underperform by B of A Securities, which could negatively impact the stock's performance.
Analyst ratings often influence investor sentiment and can impact a stock's price. A downgrade from Neutral to Underperform suggests that the analyst believes the stock will underperform the market or its sector in the near term. This could lead to a decrease in the stock's price as investors adjust their positions based on this new information.
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