HC Wainwright & Co. Maintains Buy on DRDGold, Lowers Price Target to $13.25
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has maintained a Buy rating on DRDGold but lowered its price target from $15.5 to $13.25.

August 22, 2024 | 10:22 am
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NEUTRAL IMPACT
HC Wainwright & Co. has maintained a Buy rating on DRDGold but lowered its price target from $15.5 to $13.25, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in DRDGold's prospects, but the lowered price target indicates a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100