Raymond James analyst Brian MacArthur lowered the firm’s price target on Newmont (NEM) to $59 from $62 and keeps an Outperform rating on the shares. Newmont’s partner recently provided and update on the five-year outlook for Nevada Gold Mines and PV at their investor day, the analyst tells investors.
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Read More on NEM:
- Newmont price target lowered to $52 from $55 at Scotiabank
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