BMO Capital Maintains Outperform on B2Gold, Lowers Price Target to C$6
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Quast has maintained an Outperform rating on B2Gold (TSX:BTO), also known as BTG in the US market, but has lowered the price target from C$6.5 to C$6.

March 19, 2024 | 4:08 pm
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NEUTRAL IMPACT
BMO Capital has maintained an Outperform rating on B2Gold but lowered the price target from C$6.5 to C$6.
While the reduction in the price target might suggest a slightly less optimistic view on the stock's future price movement, the maintenance of an Outperform rating indicates that BMO Capital still sees B2Gold as a favorable investment. The mixed signals could lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the continued positive rating.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90