BMO Capital Maintains Outperform Rating for Barrick Gold: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BMO Capital has maintained its Outperform rating for Barrick Gold (NYSE:GOLD) and increased its price target from $29.00 to $30.00. Despite the shares trading down 0.47% over the last 24 hours, the new price target represents an 87.79% increase from the current share price.
September 13, 2023 | 5:00 pm
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BMO Capital has maintained its Outperform rating for Barrick Gold and raised its price target, indicating a positive outlook for the company.
The maintained Outperform rating and increased price target by BMO Capital indicates a positive outlook for Barrick Gold. This could potentially attract more investors, driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100