HC Wainwright & Co. Maintains Buy on Avino Silver & Gold Mines, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Avino Silver & Gold Mines (AMEX:ASM) but lowers the price target from $1.8 to $1.5.

March 22, 2024 | 2:54 pm
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Avino Silver & Gold Mines' price target was lowered from $1.8 to $1.5 by HC Wainwright & Co., although the Buy rating was maintained.
The reduction in price target might cause some investors to adjust their expectations for ASM's stock value, potentially leading to short-term price fluctuations. However, the maintenance of a Buy rating suggests underlying confidence in the company's fundamentals, which could mitigate negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100