RBC Capital Maintains Sector Perform on Equinox Gold, Lowers Price Target to C$10
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Wayne Lam maintains a Sector Perform rating on Equinox Gold and lowers the price target from C$11 to C$10.
October 22, 2024 | 2:17 pm
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RBC Capital has maintained its Sector Perform rating on Equinox Gold but has lowered the price target from C$11 to C$10, indicating a slightly less optimistic outlook.
The lowering of the price target by RBC Capital suggests a less optimistic view on Equinox Gold's future performance, which could lead to a short-term negative impact on the stock price. The maintenance of the Sector Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100