RBC Capital Maintains Outperform on Hudbay Minerals, Raises Price Target to C$17
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Sam Crittenden maintains an Outperform rating on Hudbay Minerals and raises the price target from C$11 to C$17.
May 15, 2024 | 5:34 pm
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RBC Capital has maintained its Outperform rating on Hudbay Minerals and increased the price target from C$11 to C$17, indicating a positive outlook for the stock.
The increase in the price target from C$11 to C$17 by RBC Capital suggests a strong positive outlook for Hudbay Minerals. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100