Roth MKM Reiterates Buy on McEwen Mining, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Joe Reagor has reiterated a Buy rating on McEwen Mining (NYSE:MUX) and increased the price target from $11 to $12.
May 10, 2024 | 2:23 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Roth MKM analyst Joe Reagor reiterated a Buy rating on McEwen Mining and raised the price target from $11 to $12, indicating a positive outlook on the stock.
The reiteration of a Buy rating combined with an increased price target usually signals a strong bullish sentiment from the analyst towards the company. This can often lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100