BMO Capital analyst Brian Quast raised the firm’s price target on New Gold to C$3.50 from C$3 and keeps an Outperform rating on the shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NGD:
- New Gold Excels in High-Grade K-Zone Discovery
- New Gold Reduces Royalty Rates, Strengthens Finances
- New Gold price target raised to $2.50 from $2.25 at Scotiabank
- New Gold upgraded to Hold at TD Securities after coming off restriction
- New Gold upgraded to Outperform at Scotiabank after coming off restriction