Buenaventura price target raised to $19.50 from $18.50 at Scotiabank

Scotiabank raised the firm’s price target on Buenaventura (BVN) to $19.50 from $18.50 and keeps a Sector Perform rating on the shares. The firm is updating its models for Gold & Precious Minerals stocks under its coverage following Q2 results, the analyst tells investors. The firm raised its price target for Buenaventura to reflect the construction progress made at San Gabriel.