Altius Minerals price target raised to C$24 from C$23 at Scotiabank

Scotiabank raised the firm’s price target on Altius Minerals to C$24 from C$23 and keeps a Sector Perform rating on the shares. The firm has lowered its near-term commodity price outlook to reflect the impact of weaker global demand, which seems to be more than offsetting supply-side challenges, the analyst tells investors.