Raymond James Maintains Outperform on Hudbay Minerals, Raises Price Target to $10.5
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Farooq Hamed has maintained an Outperform rating on Hudbay Minerals (NYSE:HBM) and increased the price target from $9 to $10.5.
March 20, 2024 | 5:07 pm
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Raymond James has maintained an Outperform rating on Hudbay Minerals and raised the price target from $9 to $10.5.
The increase in price target by a reputable analyst firm like Raymond James typically signals a positive outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
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