Raymond James Upgrades Gold Royalty to Outperform, Maintains Price Target to $2.75
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian MacArthur has upgraded Gold Royalty (AMEX:GROY) from Market Perform to Outperform, maintaining the price target at $2.75.
June 04, 2024 | 4:45 pm
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POSITIVE IMPACT
Raymond James has upgraded Gold Royalty (GROY) from Market Perform to Outperform, with a maintained price target of $2.75. This upgrade could positively impact the stock price in the short term.
The upgrade from Market Perform to Outperform by a reputable analyst at Raymond James is likely to boost investor confidence in Gold Royalty (GROY). Maintaining the price target at $2.75 suggests that the analyst sees continued potential for the stock, which could lead to a positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100