HC Wainwright & Co. Maintains Buy on Americas Gold And Silver, Lowers Price Target to $0.8
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle has maintained a Buy rating on Americas Gold And Silver (AMEX:USAS) but has reduced the price target from $1.5 to $0.8.
January 24, 2024 | 11:12 am
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NEGATIVE IMPACT
HC Wainwright & Co. maintains a Buy rating on Americas Gold And Silver, but lowers the price target from $1.5 to $0.8.
The reduction in price target by HC Wainwright & Co. suggests a downward revision of the company's future valuation, which could lead to a negative short term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100