Scotiabank Maintains Outperform for Lundin Mining (LUNMF) Feb 24, 2026
Scotiabank on February 24, 2026 maintained an Outperform on Lundin Mining Corporation (LUNMF) in a LUNMF analyst rating update that raised its price target to C$36. On the same day Deutsche Bank also maintained its Hold rating while lifting its price target to C$28. Both firms adjusted targets but kept their underlying stances. These simultaneous actions show analysts are tweaking valuations, not changing conviction. Investors should view the moves as fine-tuning, with potential short-term price response but no decisive shift in consensus.
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