Buenaventura price target lowered to $27 from $27.50 at Scotiabank

Scotiabank lowered the firm’s price target on Buenaventura (BVN) to $27 from $27.50 and keeps a Sector Perform rating on the shares. At its recent Investor Day, the company intends to increase its production in the long-term, but at a higher capital in the short term, the analyst tells investors.