Toronto, June 12, 2025 - UBS analyst Daniel Major has maintained a 'Buy' rating on Ivanhoe Mines (IVN, Financial), despite lowering the price target from CAD 17.00 to CAD 15.00. The adjustment reflects an 11.76% decrease in the price target, which aligns with recent market conditions while keeping the rating steady.
The decision to maintain the 'Buy' rating indicates continued confidence in Ivanhoe Mines' (IVN, Financial) potential growth, regardless of the reduced price target. The stock continues to be a focus for investors looking for opportunities within the mining sector.
This update follows Ivanhoe Mines’ (IVN, Financial) ongoing developments and strategic initiatives, as the company remains a significant player on the TSX. Analysts and investors alike are closely monitoring how these factors will influence future stock performance.