Stock Track | Sandstorm Gold Plummets 5.56% Pre-Market as Price Target Cut

Stock Track

2025/02/19

Sandstorm Gold Ltd (SAND) shares plummeted 5.56% in the pre-market trading session on Wednesday. The drop came after H.C. Wainwright lowered its price target on the stock.

H.C. Wainwright cut the firm's price target on Sandstorm Gold to $11.50 from $12, while maintaining a Buy rating on the shares. The price target reduction followed Sandstorm Gold's Q4 results release.

Despite the price target cut, H.C. Wainwright remains optimistic about Sandstorm Gold's prospects, reflected in the maintained Buy rating. However, investors reacted negatively to the price target revision, leading to the pre-market sell-off.

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The drop came after H.C. Wainwright lowered its price target on the stock.</p>\n\n<p>H.C. Wainwright cut the firm's price target on Sandstorm Gold to $11.50 from $12, while maintaining a Buy rating on the shares. The price target reduction followed Sandstorm Gold's Q4 results release.</p>\n\n<p>Despite the price target cut, H.C. Wainwright remains optimistic about Sandstorm Gold's prospects, reflected in the maintained Buy rating. However, investors reacted negatively to the price target revision, leading to the pre-market sell-off.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SAND","symbol_name":"沙塵暴黃金","start_time":0,"source_url":"","article_id":"1111346883","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1111346883","pubTimestamp":1739975693,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Sandstorm Gold Ltd  shares plummeted 5.56% in the pre-market trading session on Wednesday. The drop came after H.C. Wainwright lowered its price target on the stock.H.C. Wainwright cut the firm's price target on Sandstorm Gold to $11.50 from $12, while maintaining a Buy rating on the shares. The price target reduction followed Sandstorm Gold's Q4 results release.Despite the price target cut, H.C. Wainwright remains optimistic about Sandstorm Gold's prospects, reflected in the maintained Buy rati","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SAND":"沙尘暴黄金"},"translate_title":"股票赛道沙尘暴黄金盘前暴跌5.56%目标价下调","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAND":1},"content_text":"Sandstorm Gold Ltd (SAND) shares plummeted 5.56% in the pre-market trading session on Wednesday. The drop came after H.C. Wainwright lowered its price target on the stock.\nH.C. Wainwright cut the firm's price target on Sandstorm Gold to $11.50 from $12, while maintaining a Buy rating on the shares. 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