Scotiabank Maintains Sector Outperform on MAG Silver, Raises Price Target to $15.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Ovais Habib has maintained a Sector Outperform rating on MAG Silver and raised the price target from $14.5 to $15.5.
August 19, 2024 | 3:44 pm
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POSITIVE IMPACT
Scotiabank has increased its price target for MAG Silver from $14.5 to $15.5, maintaining a Sector Outperform rating. This suggests confidence in MAG Silver's future performance.
The increase in price target and maintained outperform rating by Scotiabank indicates a positive outlook for MAG Silver, likely leading to a short-term price increase as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100