Scotiabank Maintains Sector Underperform on Compañía de Minas, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Carlos De Alba maintains a Sector Underperform rating on Compañía de Minas (NYSE:BVN) and raises the price target from $12.5 to $13.
March 04, 2024 | 3:34 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Scotiabank maintains a Sector Underperform rating on Compañía de Minas but raises the price target from $12.5 to $13.
While the increase in price target from $12.5 to $13 by Scotiabank suggests a slightly more positive outlook on Compañía de Minas, the maintenance of a Sector Underperform rating indicates ongoing concerns about the company's performance relative to its sector. This mixed signal could lead to neutral short-term impact on the stock price, as the market digests both the positive and negative aspects of the analyst's view.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90