Scotiabank Maintains Sector Underperform on Nexa Res, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Orest Wowkodaw maintains a Sector Underperform rating on Nexa Resources (NYSE:NEXA) and lowers the price target from $7 to $6.
August 06, 2024 | 4:48 pm
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NEGATIVE IMPACT
Scotiabank analyst Orest Wowkodaw maintains a Sector Underperform rating on Nexa Resources and lowers the price target from $7 to $6.
The lowered price target and maintained underperform rating by a reputable analyst could negatively impact investor sentiment and lead to a short-term decline in NEXA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100