BMO Capital Maintains Market Perform on Altius Minerals, Lowers Price Target to C$22
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Rene Cartier has maintained a 'Market Perform' rating on Altius Minerals (TSX:ALS) and lowered the price target from C$23 to C$22.
October 20, 2023 | 1:32 pm
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Altius Minerals' price target has been lowered from C$23 to C$22 by BMO Capital, while maintaining a 'Market Perform' rating.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value in the short term. However, the 'Market Perform' rating suggests that the stock is expected to perform similarly to the overall market, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100