HC Wainwright & Co. Maintains Buy on Gold Resource, Lowers Price Target to $1.75
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on Gold Resource (AMEX:GORO) but has lowered the price target from $3.25 to $1.75.
November 08, 2023 | 12:55 pm
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NEUTRAL IMPACT
HC Wainwright & Co. maintains a 'Buy' rating on Gold Resource but lowers the price target, which could lead to short-term uncertainty in the stock's price.
While the 'Buy' rating is maintained, the significant reduction in the price target from $3.25 to $1.75 could create uncertainty among investors, potentially leading to short-term price volatility. However, the impact may be neutral as the 'Buy' rating is still in place.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100