HC Wainwright & Co. Maintains Buy on DRDGold, Raises Price Target to $15.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on DRDGold (NYSE:DRD) and raises the price target from $13.25 to $15.5.
May 14, 2024 | 4:44 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
HC Wainwright & Co. maintains a Buy rating on DRDGold and increases the price target to $15.5, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like HC Wainwright & Co. typically signals a strong conviction in the company's future performance, potentially leading to increased investor confidence and a positive short term price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100