Roth MKM Downgrades MAG Silver to Neutral, Raises Price Target to $17.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Joe Reagor has downgraded MAG Silver from Buy to Neutral, while slightly raising the price target from $17 to $17.5.
October 24, 2024 | 5:31 pm
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NEUTRAL IMPACT
Roth MKM has downgraded MAG Silver from Buy to Neutral, indicating a less bullish outlook, but has slightly increased the price target to $17.5.
The downgrade from Buy to Neutral suggests a less optimistic view on MAG Silver's stock performance, which could lead to a neutral impact on the stock price. However, the slight increase in the price target to $17.5 indicates some positive expectations, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100