CIBC Maintains Outperformer on Gatos Silver, Raises Price Target to $17.5
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Cosmos Chiu has maintained an Outperformer rating on Gatos Silver (NYSE:GATO) and raised the price target from $15 to $17.5.
September 26, 2024 | 3:21 pm
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CIBC has reaffirmed its positive outlook on Gatos Silver by maintaining an Outperformer rating and increasing the price target to $17.5, indicating confidence in the company's future performance.
The increase in the price target from $15 to $17.5 by CIBC suggests a positive outlook on Gatos Silver's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100