BMO Capital Upgrades Lundin Mining to Outperform, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Jackie Przybylowski upgraded Lundin Mining (OTC:LUNMF) from Market Perform to Outperform and increased the price target from $12 to $16.
March 27, 2024 | 10:21 am
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Lundin Mining was upgraded by BMO Capital from Market Perform to Outperform with a price target increase from $12 to $16.
Upgrades by analysts, especially with a significant increase in price target, typically lead to positive short-term price movements as they reflect a positive outlook on the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
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