Scotiabank Maintains Sector Perform on Iamgold, Raises Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tanya Jakusconek maintains a Sector Perform rating on Iamgold (NYSE:IAG) and raises the price target from $4.25 to $4.5.

June 06, 2024 | 4:09 pm
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Scotiabank analyst Tanya Jakusconek maintains a Sector Perform rating on Iamgold and raises the price target from $4.25 to $4.5.
The raised price target from $4.25 to $4.5 indicates a positive outlook from Scotiabank, which could lead to a short-term increase in Iamgold's stock price. However, the Sector Perform rating suggests that the stock is expected to perform in line with the market, tempering the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100