Scotiabank Upgrades MAG Silver to Sector Outperform, Announces $13.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Ovais Habib upgrades MAG Silver (AMEX:MAG) from Sector Perform to Sector Outperform with a new price target of $13.5.
March 28, 2024 | 12:05 pm
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MAG Silver upgraded by Scotiabank to Sector Outperform with a $13.5 price target.
The upgrade from Sector Perform to Sector Outperform by a reputable analyst at Scotiabank, accompanied by a specific price target, is a strong positive signal for MAG Silver. This suggests increased confidence in the company's future performance and is likely to influence investor sentiment positively in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100