HC Wainwright & Co. Maintains Buy on Perpetua Resources, Raises Price Target to $13.25
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Perpetua Resources (NASDAQ:PPTA) and raises the price target from $10.5 to $13.25.
May 14, 2024 | 4:48 pm
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HC Wainwright & Co. has maintained a Buy rating on Perpetua Resources and increased the price target to $13.25, 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 bullish outlook on the stock, suggesting an expectation of upward price movement in the short term. This is based on the firm's analysis and confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100