In a recent update, National Bank analyst Shane Nagle has increased his price target for Altius Minerals (ATUSF, Financial), elevating it from C$33 to C$37. This adjustment reflects a positive outlook on the company's prospects. Nagle maintains an Outperform rating on the shares, suggesting confidence in the stock's potential to deliver strong returns.
The decision to raise the target underscores the analyst's belief in Altius Minerals' strategic direction and growth initiatives. Investors will be keen to see how the company performs in the coming months, given this enhanced price target and continued endorsement from the analyst community.
