RBC Capital Maintains Sector Perform on Sibanye Stillwater, Lowers Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tyler Broda has maintained a 'Sector Perform' rating on Sibanye Stillwater (NYSE:SBSW) but has reduced the price target from $6.5 to $5.5.
December 04, 2023 | 2:42 pm
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RBC Capital has maintained its 'Sector Perform' rating on Sibanye Stillwater but lowered the price target from $6.5 to $5.5, indicating a potential downside compared to the previous target.
The reduction in price target by RBC Capital suggests that the analyst sees less upside potential for Sibanye Stillwater's stock price in the short term. This could lead to a negative sentiment among investors and potentially cause a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100