As previously reported, Scotiabank upgraded Newmont to Outperform from Sector Perform with a price target of $59, up from $48. The firm has adjusted upward its 2024/2025 gold price forecasts and its long-term gold price view while also having adjusted its silver price forecasts.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEM: