On July 9, 2025, Scotiabank announced a revision in their price target for Ivanhoe Mines (IVN, Financial). The target price has been raised from CAD 12.00 to CAD 12.50. This adjustment represents a 4.17% increase from the prior target.
The analyst responsible for this update, Orest Wowkodaw, maintained the 'Sector Perform' rating for Ivanhoe Mines (IVN, Financial), indicating that the stock's performance is expected to be in line with the industry average.
This price target adjustment by Scotiabank reflects their continued confidence in Ivanhoe Mines (IVN, Financial) amid ongoing market developments. Investors may want to monitor future analyst updates for further insights into Ivanhoe Mines' stock performance.