Imdex Stock Downgraded to Buy Amid Iran Conflict Impact
ByAinvest
Tuesday, Mar 24, 2026 6:01 pm ET1min read
JEF--
Imdex's stock has fallen 18% in two weeks, prompting Jefferies to upgrade its rating to "buy" from "hold". The mining services company's stock has been affected by the Iran conflict and its impact on the resources sector. Jefferies expects the war to end soon and energy prices to normalize, leading to a rebound in the stock.
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