BMO Capital Markets has raised its price target for Solaris Resources (TSE:SLS) from C$16.00 to C$18.00, according to a recent research report. This update was shared with investors on Thursday morning. Additionally, Royal Bank of Canada has also increased its target price for the company from C$12.00.
Several other analysts have recently reviewed Solaris Resources, reflecting ongoing interest in the stock from the investment community.
**Why this matters**
Price target revisions can influence investor sentiment and indicate changing expectations about a company’s future performance. The upward adjustments by multiple analysts suggest growing confidence in Solaris Resources’ prospects.
Source: NewsData