Scotiabank Maintains Sector Underperform on Compañía de Minas, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tanya Jakusconek has maintained a Sector Underperform rating on Compañía de Minas (NYSE:BVN) and lowered the price target from $16 to $15.
August 19, 2024 | 3:23 pm
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Scotiabank has maintained a Sector Underperform rating on Compañía de Minas and reduced the price target from $16 to $15, indicating a bearish outlook.
The maintenance of a Sector Underperform rating and the reduction in price target from $16 to $15 by Scotiabank suggests a negative outlook on BVN's stock performance. This could lead to a decrease in investor confidence and potential selling pressure, impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100