Jefferies Maintains Buy on Sociedad Quimica Y Minera, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Alejandro Demichelis maintains a Buy rating on Sociedad Quimica Y Minera (NYSE:SQM) but lowers the price target from $62.8 to $55.
August 26, 2024 | 3:17 pm
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Jefferies analyst Alejandro Demichelis maintains a Buy rating on SQM but lowers the price target from $62.8 to $55, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in SQM's potential, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100