BMO Capital Maintains Market Perform on Labrador Iron Ore Royalty, Lowers Price Target to C$30
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Alexander Pearce has maintained a 'Market Perform' rating on Labrador Iron Ore Royalty (TSX:LIF) and lowered the price target from C$32 to C$30.
October 18, 2023 | 12:42 pm
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NEGATIVE IMPACT
BMO Capital has maintained its 'Market Perform' rating on Labrador Iron Ore Royalty and lowered the price target from C$32 to C$30.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100