Scotiabank Maintains Sector Outperform on Skeena Resources, Lowers Price Target to C$12
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Ovais Habib maintains a Sector Outperform rating on Skeena Resources but lowers the price target from C$14 to C$12.

June 26, 2024 | 4:42 pm
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NEUTRAL IMPACT
Scotiabank has maintained its Sector Outperform rating on Skeena Resources but has lowered the price target from C$14 to C$12.
The maintained Sector Outperform rating suggests continued confidence in Skeena Resources' performance, but the lowered price target indicates a more cautious outlook on its short-term valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100