Jefferies Upgrades Hudbay Minerals to Buy, Announces C$14 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Matthew Murphy has upgraded Hudbay Minerals (TSX:HBM) from Hold to Buy and set a price target of C$14.
August 14, 2024 | 11:23 am
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Jefferies analyst Matthew Murphy has upgraded Hudbay Minerals from Hold to Buy and set a price target of C$14.
The upgrade from Hold to Buy and the new price target of C$14 by Jefferies is likely to positively impact Hudbay Minerals' stock price in the short term as it reflects increased confidence in the company's performance.
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