HC Wainwright & Co. Maintains Buy on Sandstorm Gold, Lowers Price Target to $10.75
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on Sandstorm Gold (NYSE:SAND) but lowers the price target from $13 to $10.75.
November 08, 2023 | 1:00 pm
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NEUTRAL IMPACT
Despite a lowered price target, Sandstorm Gold maintains a 'Buy' rating from HC Wainwright & Co.
The news is directly about Sandstorm Gold. The lowered price target might initially seem negative, but the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100