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Ivanhoe Electric price target lowered to $13 from $16 at JPMorgan

JPMorgan lowered the firm’s price target on Ivanhoe Electric (IE) to $13 from $16 and keeps a Neutral rating on the shares as part of a Q1 earnings preview for the North America base metals. The firm cut December 2025 price targets by 20% across the board reflecting multiple de-rating and lower forward-commodity pricing amid ongoing tariff uncertainty and “evolving” recession risks.

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