Roth MKM Maintains Buy on Contango Ore, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Mike Niehuser maintains a Buy rating on Contango Ore (AMEX:CTGO) but lowers the price target from $38 to $33.
August 09, 2024 | 2:37 pm
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NEUTRAL IMPACT
Roth MKM analyst Mike Niehuser maintains a Buy rating on Contango Ore but lowers the price target from $38 to $33.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more conservative outlook on its potential upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100