CIBC Reinstates Outperformer on Alamos Gold, Raises Price Target to C$38
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Cosmos Chiu has reinstated Alamos Gold with an Outperformer rating and raised the price target from C$25 to C$38.
July 15, 2024 | 3:12 pm
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POSITIVE IMPACT
CIBC analyst Cosmos Chiu has reinstated Alamos Gold with an Outperformer rating and raised the price target from C$25 to C$38.
The reinstatement of an Outperformer rating and a significant increase in the price target by a reputable analyst is likely to boost investor confidence and positively impact the stock price of Alamos Gold in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100