CIBC Maintains Outperformer on Hudbay Minerals, Raises Price Target to C$15.5
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Bryce Adams has maintained an Outperformer rating on Hudbay Minerals and raised the price target from C$13 to C$15.5.
May 15, 2024 | 3:50 pm
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POSITIVE IMPACT
CIBC analyst Bryce Adams has maintained an Outperformer rating on Hudbay Minerals and raised the price target from C$13 to C$15.5.
The raised price target and maintained Outperformer rating by a reputable analyst from CIBC is likely to positively impact investor sentiment and could lead to a short-term increase in Hudbay Minerals' stock price.
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IMPORTANCE 80
RELEVANCE 100