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NioCorp price target lowered to $10 from $11.25 at H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle lowered the firm’s price target on NioCorp (NB) to $10 from $11.25 and keeps a Buy rating on the shares. The firm cites dilution from the equity raise for the target cut. NioCorp’s 2026 should be defined by financing and construction progress at Elk Creek, the analyst tells investors in a research note.

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