Cantor Fitzgerald Upgrades Caledonia Mining to Speculative Buy, Announces $13.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Mike Kozak upgraded Caledonia Mining (AMEX:CMCL) from Hold to Speculative Buy and set a price target of $13.5.

April 29, 2024 | 1:15 pm
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Caledonia Mining was upgraded by Cantor Fitzgerald from Hold to Speculative Buy with a new price target of $13.5.
Upgrades by analysts, especially from reputable firms like Cantor Fitzgerald, typically lead to positive short-term price movements. The new price target of $13.5 suggests a bullish outlook on the stock, indicating an expectation of upward movement in CMCL's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100