5N Plus' target price raised to C$8.50 by Desjardins, surpassing earnings expectations with C$0.08 per share.
5N Plus (TSE:VNP), a producer of specialty metals and chemicals, saw its target price raised from C$7.25 to C$8.50 by Desjardins, which maintains a buy rating. Other firms, like Cormark and Raymond James, have also upgraded their projections. The company reported quarterly earnings of C$0.08 per share, surpassing expectations, with a net margin of 4.15%. Additionally, a senior officer purchased 75,000 shares at C$6.95 each.
September 13, 2024
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