Scotiabank Upgrades Ero Copper to Sector Outperform, Raises Price Target to C$40
Portfolio Pulse from Benzinga Newsdesk
Scotiabank has upgraded Ero Copper from Sector Perform to Sector Outperform and raised its price target from C$32 to C$40.
May 30, 2024 | 2:41 pm
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POSITIVE IMPACT
Scotiabank has upgraded Ero Copper from Sector Perform to Sector Outperform and raised its price target from C$32 to C$40. This indicates a positive outlook for the company's stock.
The upgrade from Sector Perform to Sector Outperform and the increased price target suggest that Scotiabank sees significant potential in Ero Copper's stock. This is likely to attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100