HC Wainwright & Co. Maintains Buy on McEwen Mining, Lowers Price Target to $18.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on McEwen Mining (NYSE:MUX) but lowers the price target from $20.5 to $18.5.
November 10, 2023 | 1:22 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Despite a lowered price target, McEwen Mining still maintains a 'Buy' rating from HC Wainwright & Co.
The lowered price target might initially cause some negative sentiment among investors. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could balance out the impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100