BMO Capital Maintains Outperform on B2Gold, Lowers Price Target to C$6.5
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Quast has maintained an Outperform rating on B2Gold but has reduced the price target from C$7.5 to C$6.5.
January 24, 2024 | 3:57 pm
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BMO Capital has maintained an Outperform rating on B2Gold (BTG) but lowered the price target from C$7.5 to C$6.5, indicating a potential decrease in stock value.
The reduction in price target by BMO Capital suggests a downward revision in the expected performance of B2Gold's stock. While the Outperform rating indicates a positive outlook, the lower price target may lead to short-term negative sentiment among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100