Scotiabank Maintains Sector Outperform on NexGen Energy, Lowers Price Target to C$12.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Orest Wowkodaw maintains a Sector Outperform rating on NexGen Energy but lowers the price target from C$13.5 to C$12.5.
August 02, 2024 | 7:15 pm
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NEUTRAL IMPACT
Scotiabank has maintained its Sector Outperform rating on NexGen Energy but has lowered the price target from C$13.5 to C$12.5.
The maintained Sector Outperform rating suggests continued confidence in NexGen Energy's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100