Buenaventura Mining (BVN) PT Lowered to $27 at Scotiabank

Scotiabank analyst Tanya Jakusconek lowered the price target on Buenaventura Mining (NYSE: BVN) to $27.00 (from $27.50) while maintaining a Sector Perform rating.

The analyst commented: 'BVN hosted its Investor Day highlighting (1) Corporate strategy, (2) Production and cost outlook (mainly 2025-2029), (3) Update on key development projects, (4) Financial and balance sheet outlook and, (5) Capital allocation strategy. Key takeaways from the presentation are highlighted in this note. We have adjusted our TP to $27 from $27.50 with guidance update. Our Sector Perform rating remains unchanged."

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