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Royal Gold to Acquire Sandstorm Gold Royalties and Horizon Copper, Creating Leading Streaming and Royalty Company
ByAinvest
Tuesday, Jul 8, 2025 5:47 pm ET1min read
Noble Capital analyst Michael Kupinski has lowered the price target on Xcel Brands (XELB) to $9 from $12 and maintains an Outperform rating. The company plans to sell 1.381M shares on a "best efforts" basis and pre-funded warrants, which will improve the balance sheet and allow for investment in developing brands. However, there will be "significant dilution" from the share offering.
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