HC Wainwright & Co. Maintains Buy on Golden Minerals, Lowers Price Target to $3.1
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle has maintained a Buy rating on Golden Minerals (AMEX:AUMN) but has reduced the price target from $9 to $3.1.
November 14, 2023 | 12:18 pm
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NEGATIVE IMPACT
Golden Minerals maintains a Buy rating from HC Wainwright & Co., but the price target has been significantly lowered from $9 to $3.1.
The reduction in the price target from $9 to $3.1 by a reputable analyst firm like HC Wainwright & Co. could negatively impact investor sentiment towards AUMN in the short term, potentially leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100