Canaccord Genuity Upgrades Iamgold to Buy, Raises Price Target to C$10.5
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has upgraded Iamgold (NYSE:IAG) from Hold to Buy, raising the price target from C$7.75 to C$10.5.
October 22, 2024 | 5:49 pm
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Canaccord Genuity has upgraded Iamgold from Hold to Buy, with a new price target of C$10.5, indicating a positive outlook for the stock.
The upgrade from Hold to Buy by Canaccord Genuity suggests increased confidence in Iamgold's future performance. The raised price target to C$10.5 indicates potential upside, likely leading to positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100