Canaccord Genuity Maintains Buy on Hudbay Minerals, Raises Price Target to C$13
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Dalton Baretto has maintained a Buy rating on Hudbay Minerals and increased the price target from C$10.5 to C$13.
April 17, 2024 | 5:39 pm
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Canaccord Genuity has reaffirmed its Buy rating on Hudbay Minerals and raised the price target from C$10.5 to C$13.
The upgrade in price target by a reputable analyst firm like Canaccord Genuity typically signals a positive outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a possible short-term price increase.
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