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Franco-Nevada price target lowered to C$202 from C$205 at Canaccord
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Franco-Nevada price target lowered to C$202 from C$205 at Canaccord

Canaccord analyst Carey MacRury lowered the firm’s price target on Franco-Nevada to C$202 from C$205 and keeps a Buy rating on the shares. The analyst fine-tuned his estimates following recent Q4 production results, 2023 guidance and other updates by several operators of mines on which Franco holds royalties or streams and lower natural gas GEOs.

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