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Triple Flag price target lowered to $34 from $35 at Scotiabank

Scotiabank lowered the firm’s price target on Triple Flag (TFPM) to $34 from $35 and keeps a Sector Perform rating on the shares. The firm has updated its forecast for the stock following Q3 results, the analyst tells investors. Focus remains on the new studies and information being released as well as the precious metals opportunities in the $50M-$500M range, the firm adds.

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