HC Wainwright & Co. Maintains Buy on Americas Gold And Silver, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on Americas Gold And Silver (AMEX:USAS), but has lowered the price target from $2 to $1.5.
October 31, 2023 | 11:26 am
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NEUTRAL IMPACT
Americas Gold And Silver's price target has been lowered from $2 to $1.5 by HC Wainwright & Co., but the 'Buy' rating is maintained.
The lowering of the price target by HC Wainwright & Co. could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Buy' rating indicates that the analyst still sees potential in the stock, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100