B of A Securities Maintains Underperform on Royal Gold, Raises Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Michael Jalonen maintains an Underperform rating on Royal Gold (NASDAQ:RGLD) but raises the price target from $129 to $131.
June 26, 2024 | 4:23 pm
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NEUTRAL IMPACT
B of A Securities analyst Michael Jalonen maintains an Underperform rating on Royal Gold but raises the price target from $129 to $131.
The Underperform rating suggests a bearish outlook, but the slight increase in the price target indicates some positive factors. Overall, the impact is neutral as the negative rating balances out the positive price target adjustment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100