CIBC Maintains Neutral on Iamgold, Raises Price Target to $6.4
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Anita Soni maintains a Neutral rating on Iamgold (NYSE:IAG) and raises the price target from $5.4 to $6.4.
October 22, 2024 | 8:58 pm
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POSITIVE IMPACT
CIBC has maintained a Neutral rating on Iamgold but increased the price target from $5.4 to $6.4, indicating a positive outlook on the stock's potential.
The increase in price target from $5.4 to $6.4 suggests that CIBC sees potential upside in Iamgold's stock, which could positively influence investor sentiment and lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100