TD Securities Maintains Hold on Franco-Nevada, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
TD Securities analyst Greg Barnes has maintained a Hold rating on Franco-Nevada (NYSE:FNV) and reduced the price target from $135 to $125.
December 04, 2023 | 8:04 pm
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NEGATIVE IMPACT
TD Securities reaffirmed a Hold rating on Franco-Nevada and decreased the price target from $135 to $125.
The reduction in price target by TD Securities suggests a more conservative valuation of Franco-Nevada, which could lead to a negative short-term sentiment among investors and potentially a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100