HC Wainwright & Co. Maintains Buy on Hecla Mining, Lowers Price Target to $8.75
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on Hecla Mining (NYSE:HL) but lowers the price target from $9 to $8.75.
November 08, 2023 | 11:40 am
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Hecla Mining's price target has been lowered from $9 to $8.75 by HC Wainwright & Co., though the 'Buy' rating is maintained.
The lowering of the price target could potentially indicate a slightly less optimistic outlook for Hecla Mining's stock. However, the maintained 'Buy' rating suggests that the analyst still sees potential upside, which could balance out any negative impact from the lowered target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100