Correction: CIBC Upgrades New Gold to Outperformer, Raises Price Target to $3. Rating change updated
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Anita Soni has upgraded New Gold (AMEX:NGD) from Neutral to Outperformer and raised the price target from $2.1 to $3.
June 03, 2024 | 5:43 pm
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POSITIVE IMPACT
CIBC analyst Anita Soni has upgraded New Gold from Neutral to Outperformer and raised the price target from $2.1 to $3.
The upgrade from Neutral to Outperformer and the increased price target from $2.1 to $3 by a reputable analyst is likely to positively impact investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100