Scotiabank Maintains Sector Perform on Gold Fields, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tanya Jakusconek has maintained a Sector Perform rating on Gold Fields (NYSE:GFI) but has lowered the price target from $18 to $17.
August 26, 2024 | 1:08 pm
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Scotiabank has maintained its Sector Perform rating on Gold Fields but reduced the price target from $18 to $17, indicating a slightly less optimistic outlook.
The lowering of the price target by Scotiabank suggests a slightly less optimistic view on Gold Fields' future performance, which could lead to a short-term negative impact on the stock price. The maintained Sector Perform rating indicates that the stock is expected to perform in line with the sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100