Agnico Eagle price target raised to $119 from $116 at BofA

BofA raised the firm’s price target on Agnico Eagle (AEM) to $119 from $116 and keeps a Buy rating on the shares. The firm updated its model for reported Q4 results and new 2025 guidance and adds a second Odyssey shaft at the Canadian-Malartic Complex “following seemingly committed communication from management,” the analyst tells investors.