HC Wainwright & Co. Maintains Buy on McEwen Mining, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on McEwen Mining (NYSE:MUX) and raises the price target from $13 to $15.
May 13, 2024 | 9:48 am
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HC Wainwright & Co. has maintained a Buy rating on McEwen Mining and increased the price target from $13 to $15, indicating a positive outlook on the stock.
The upgrade in the price target by a reputable analyst firm like HC Wainwright & Co. typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100