Franco-Nevada(FNV) Soars 2.18% On Positive Earnings Guidance

Franco-nevada(FNV) surged to a record high today, with an intraday gain of 2.18%.

Franco-nevada's strategic acquisitions and positive earnings guidance for 2025 have contributed to a favorable outlook for the company. This positive sentiment is likely to influence the stock price positively, as investors anticipate strong performance from the company's recent moves.

Scotiabank has raised its price target for Franco-Nevada from $150 to $165, reflecting a bullish outlook on the stock. This adjustment, along with another price target increase to $190.00, indicates growing optimism about Franco-Nevada's future performance. These positive adjustments suggest that analysts are confident in the company's ability to deliver strong results, which could further drive the stock price higher.