Citigroup Maintains Buy on Agnico Eagle Mines, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alexander Hacking has maintained a Buy rating on Agnico Eagle Mines (NYSE:AEM) and increased the price target from $65 to $80.
April 30, 2024 | 2:36 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Agnico Eagle Mines and raised the price target from $65 to $80.
The upgrade in price target by a reputable analyst like Alexander Hacking signals a strong confidence in Agnico Eagle Mines' future performance. This is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100