Scotiabank Upgrades Sociedad Quimica Y Minera to Sector Outperform, Announces $84 Price Target
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Ben Isaacson has upgraded Sociedad Quimica Y Minera (SQM) from Sector Perform to Sector Outperform and set a price target of $84.
October 26, 2023 | 12:00 pm
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POSITIVE IMPACT
Sociedad Quimica Y Minera (SQM) has been upgraded to Sector Outperform by Scotiabank with a price target of $84.
The upgrade from Scotiabank is a positive signal for SQM. The new rating of 'Sector Outperform' suggests that the analyst believes SQM will outperform its sector peers in the near future. The price target of $84 also indicates an expected increase in the stock price. This could lead to a positive short-term impact on SQM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100