Paladin Energy downgraded to Hold from Buy at Jefferies due to lowered production expectations

From Yahoo Finance: 2025-03-27 10:10:00

Jefferies downgraded Paladin Energy (PALAF) to Hold from Buy with a price target of A$5.50, down from A$8.50. The firm’s update confirmed impact assumptions, but issues surrounding stockpiles and open pit mining are more aggressive than expected. FY25 and FY26 production expectations have been lowered as a result. This news was first published on TheFly, a source for real-time financial news. For more information on PALAF, visit TipRanks for today’s best-performing stocks.



Read more at Yahoo Finance: Paladin Energy downgraded to Hold from Buy at Jefferies