BMO Capital Maintains Market Perform on Nexa Res, Raises Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Jackie Przybylowski has maintained a 'Market Perform' rating on Nexa Resources (NEXA) and increased the price target from $6 to $6.5.
April 02, 2024 | 4:16 pm
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BMO Capital has maintained its 'Market Perform' rating on Nexa Resources and raised the price target from $6 to $6.5.
The increase in price target by BMO Capital suggests a positive outlook on Nexa Resources' stock, potentially leading to a short-term increase in its stock price. The 'Market Perform' rating indicates that the stock is expected to perform in line with the market, but the raised target price signals analyst confidence in the company's prospects.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90