Harmony Gold Mining shares are trading higher after JP Morgan upgraded the stock from Underweight to Neutral and raised its price target from $4.9 to $8.2.
Portfolio Pulse from Benzinga Newsdesk
Harmony Gold Mining shares rose following an upgrade by JP Morgan from Underweight to Neutral, with a price target increase from $4.9 to $8.2.
October 10, 2024 | 4:22 pm
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POSITIVE IMPACT
Harmony Gold Mining's stock received a boost after JP Morgan upgraded its rating from Underweight to Neutral and increased the price target from $4.9 to $8.2.
The upgrade from JP Morgan is a significant positive signal for investors, likely leading to increased buying interest and a short-term rise in HMY's stock price. The substantial increase in the price target further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100