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
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100