BMO Capital Maintains Outperform on First Quantum Minerals, Lowers Price Target to C$28
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Jackie Przybylowski has maintained an Outperform rating on First Quantum Minerals but reduced the price target from C$30 to C$28.
November 21, 2023 | 6:24 pm
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BMO Capital analyst maintains Outperform rating on First Quantum Minerals, but lowers price target from C$30 to C$28, indicating a potential decrease in stock value.
The reduction in price target by BMO Capital suggests a downward revision of expectations for First Quantum Minerals' stock performance, which could lead to a short-term negative impact on the stock price. However, the Outperform rating indicates the analyst's overall positive outlook on the company's prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100