Jefferies Maintains Hold on Royal Gold, Raises Price Target to $154
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Matthew Murphy maintains a Hold rating on Royal Gold (NASDAQ:RGLD) and raises the price target from $141 to $154.
October 04, 2024 | 6:02 pm
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Jefferies analyst Matthew Murphy has maintained a Hold rating on Royal Gold and increased the price target from $141 to $154, indicating a positive outlook.
The increase in price target from $141 to $154 by Jefferies suggests a positive outlook for Royal Gold, which could lead to a short-term price increase. However, the Hold rating indicates a balanced view, suggesting investors should not expect significant immediate gains.
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