B of A Securities Downgrades SSR Mining to Underperform, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Michael Jalonen has downgraded SSR Mining (NASDAQ:SSRM) from Buy to Underperform and reduced the price target from $17 to $12.5.
November 20, 2023 | 12:08 pm
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NEGATIVE IMPACT
SSR Mining was downgraded by B of A Securities from Buy to Underperform, with a price target decrease from $17 to $12.5.
The downgrade by a major analyst from Buy to Underperform, accompanied by a significant reduction in price target, is likely to negatively impact investor sentiment and the stock price of SSR Mining in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100