Raymond James Maintains Outperform on Hudbay Minerals, Raises Price Target to C$16
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian MacArthur maintains an Outperform rating on Hudbay Minerals and raises the price target from C$14 to C$16.
September 23, 2024 | 3:31 pm
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Raymond James has maintained an Outperform rating on Hudbay Minerals and increased the price target from C$14 to C$16, indicating a positive outlook.
The increase in price target from C$14 to C$16 by Raymond James suggests a positive outlook for Hudbay Minerals. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80