Morgan Stanley Maintains Overweight on Compañía de Minas, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Overweight rating on Compañía de Minas (NYSE:BVN) but has lowered its price target from $21 to $18.
September 19, 2024 | 5:46 pm
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Morgan Stanley has maintained an Overweight rating on Compañía de Minas (NYSE:BVN) but has lowered its price target from $21 to $18, indicating a more cautious outlook.
The lowering of the price target from $21 to $18 suggests a more cautious outlook on the stock, which could lead to a short-term negative impact on the stock price. However, the maintained Overweight rating indicates continued confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100