BMO Capital Upgrades Anglogold Ashanti to Outperform, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Raj Ray has upgraded Anglogold Ashanti (NYSE:AU) from Market Perform to Outperform and raised the price target from $19 to $22.
September 12, 2023 | 10:56 am
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Anglogold Ashanti has been upgraded to Outperform by BMO Capital, with a raised price target of $22.
The upgrade from Market Perform to Outperform by BMO Capital indicates a positive outlook for Anglogold Ashanti. The raised price target from $19 to $22 suggests that the analyst believes the stock has potential for growth in the short term. This could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100