BMO Capital Maintains Outperform on Bravo Mining, Lowers Price Target to C$5
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Raj Ray has maintained an 'Outperform' rating on Bravo Mining, but has lowered the price target from C$5.5 to C$5.
October 31, 2023 | 1:12 pm
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BMO Capital has maintained an 'Outperform' rating on Bravo Mining, but lowered the price target from C$5.5 to C$5.
The news is directly related to Bravo Mining and is likely to influence investor sentiment. The 'Outperform' rating suggests that BMO Capital expects the stock to do better than the market average. However, the lowering of the price target may indicate a reduced growth expectation, which could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100