Scotiabank Maintains Sector Underperform on Nexa Res, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Orest Wowkodaw maintains a Sector Underperform rating on Nexa Resources (NYSE:NEXA) but raises the price target from $6 to $7.
May 30, 2024 | 8:42 pm
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Scotiabank analyst Orest Wowkodaw maintains a Sector Underperform rating on Nexa Resources but raises the price target from $6 to $7.
The rating remains Sector Underperform, which is generally negative, but the raised price target from $6 to $7 indicates some positive outlook. The mixed signals suggest a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100