Scotiabank Maintains Sector Perform on Franco-Nevada, Lowers Price Target to $139
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tanya Jakusconek maintains a Sector Perform rating on Franco-Nevada (NYSE:FNV) and lowers the price target from $141 to $139.

March 07, 2024 | 1:51 pm
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NEUTRAL IMPACT
Scotiabank maintains a Sector Perform rating on Franco-Nevada and lowers the price target from $141 to $139.
The adjustment in price target by Scotiabank reflects a minor revision in their valuation of Franco-Nevada. Given that the rating remains unchanged at Sector Perform, the impact on the stock price is likely to be neutral in the short term. The slight decrease in the price target suggests a modest adjustment in expectations, not a fundamental shift in the company's outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100