Scotiabank raised the firm’s price target on Capstone Copper to C$12.50 from C$11 and keeps an Outperform rating on the shares. The firm has “markedly improved” its near-term commodity price outlook, which now reflects the impact of ongoing supply-chain challenges along with the resilient global demand, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSCCF:
- Capstone Copper price target raised to C$12 from C$9 at RBC Capital
- Capstone Copper price target raised to C$11.50 from C$10.50 at National Bank
- Capstone Copper price target raised to C$11 from C$10 at Scotiabank
- Capstone Copper Shareholders Show Strong Support
- Capstone Copper price target raised to C$11 from C$10.50 at BMO Capital