RBC Capital Upgrades Franco Nev Corp (FNV) to Outperform

RBC Capital analyst Josh Wolfson upgraded Franco Nev Corp (NYSE: FNV) from Sector Perform to Outperform with a price target of $250.00 (from $225.00).

The analyst comments :We upgrade our Franco Nevada rating to Outperform from Sector Perform and increase our target price to $250/sh from $225/sh. This change is in conjunction with RBC Global Mining Equities' updated precious metals assumptions. Following a contraction in valuation, we view the royalty group as trading at attractive valuation levels and well-insulated vs. producers ahead of guidance season risks into 1Q. Specifically, FNV could see potential upside from Cobre Panama over 2026."

For an analyst ratings summary and ratings history on Franco Nev Corp click here. For more ratings news on Franco Nev Corp click here.

Shares of Franco Nev Corp closed at $202.93 yesterday.

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