Stifel Maintains Buy on MAG Silver, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Soock maintains a Buy rating on MAG Silver (NYSE:MAG) but lowers the price target from $20 to $19.

March 20, 2024 | 5:00 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on MAG Silver but lowers the price target from $20 to $19.
While the reduction in price target could suggest a slightly less optimistic outlook on MAG Silver's future price performance, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100