BMO Capital Maintains Outperform on Royal Gold, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Jackie Przybylowski maintains an Outperform rating on Royal Gold (NASDAQ:RGLD) but lowers the price target from $162 to $160.

May 09, 2024 | 3:29 pm
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BMO Capital maintains an Outperform rating on Royal Gold but lowers the price target from $162 to $160.
The adjustment in price target by BMO Capital reflects a slight change in valuation perspective, likely due to updated analysis or market conditions. However, maintaining the Outperform rating indicates a continued positive outlook on the company's performance. The slight decrease in price target may have a neutral to mildly negative short-term impact on investor sentiment, as it suggests a minor adjustment in expectations rather than a fundamental shift in the company's outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100