Alamos Gold shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $21.75 to $27.25.
Portfolio Pulse from Benzinga Newsdesk
Alamos Gold's stock (AGI) experienced a rise after B of A Securities upgraded its rating from Neutral to Buy and increased its price target from $21.75 to $27.25.
April 09, 2024 | 11:47 am
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Alamos Gold's stock was upgraded by B of A Securities from Neutral to Buy, with a price target increase from $21.75 to $27.25.
The upgrade by B of A Securities from Neutral to Buy, along with a significant increase in the price target, indicates a strong positive outlook for Alamos Gold. This is likely to attract investor interest and potentially drive up the stock price in the short term.
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