BMO Capital Reinstates Market Perform on Gatos Silver, Announces $6.25 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Kevin O'Halloran has reinstated coverage on Gatos Silver (NYSE:GATO) with a 'Market Perform' rating and set a price target of $6.25.

December 01, 2023 | 3:16 pm
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NEUTRAL IMPACT
BMO Capital analyst Kevin O'Halloran reinstated Gatos Silver with a 'Market Perform' rating and a price target of $6.25, which could influence the stock's performance.
The reinstatement of coverage by BMO Capital with a 'Market Perform' rating and a specific price target provides investors with a neutral outlook on Gatos Silver's stock. This suggests that the stock is fairly valued at its current level, according to the analyst's assessment. The price target of $6.25 offers a reference point for investors but does not imply a significant upside or downside, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100