Scotiabank maintains Sector Outperform rating on Ivanhoe Electric, $16 price target

Scotiabank maintained their Sector Outperform rating on Ivanhoe Electric's stock with a price target of $16.00.The price target implies an upside of 60.2% from the Sep 24 close of $9.99.Key takeaways from the analyst noteStrong Management and Technology: Ivanhoe Electric's stock received a Sector O…