HC Wainwright & Co. Maintains Buy on EMX Royalty, Raises Price Target to $5.75
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle has reaffirmed a Buy rating on EMX Royalty (AMEX:EMX) and increased the price target from $4.75 to $5.75.
November 15, 2023 | 12:54 pm
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POSITIVE IMPACT
EMX Royalty's Buy rating has been maintained by HC Wainwright & Co., with the price target raised from $4.75 to $5.75, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100