Raymond James Maintains Market Perform on First Quantum Minerals, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Farooq Hamed maintains a Market Perform rating on First Quantum Minerals (FQVLF) and raises the price target from $13 to $16.
March 20, 2024 | 5:04 pm
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Raymond James has maintained its Market Perform rating on First Quantum Minerals and increased the price target from $13 to $16.
The increase in the price target by Raymond James reflects a positive outlook on First Quantum Minerals, likely due to improved operational or financial performance expectations. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100