CIBC Maintains Neutral on Iamgold, Raises Price Target to $5.4
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Anita Soni maintains a Neutral rating on Iamgold (NYSE:IAG) and raises the price target from $4.9 to $5.4.

August 12, 2024 | 6:26 pm
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CIBC analyst Anita Soni maintains a Neutral rating on Iamgold and raises the price target from $4.9 to $5.4.
The raised price target from $4.9 to $5.4 suggests a positive outlook for Iamgold, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100