Gold Fields shares are trading higher after JP Morgan upgraded the stock from Underweight to Neutral and announced a $14 price target.
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has upgraded Gold Fields from Underweight to Neutral and set a price target of $14. This has resulted in Gold Fields' shares trading higher.
October 12, 2023 | 12:25 pm
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Gold Fields' stock is trading higher following JP Morgan's upgrade from Underweight to Neutral and a new price target of $14.
The upgrade by JP Morgan, a major financial institution, is a positive signal for investors, leading to increased demand for Gold Fields' shares. The new price target of $14 also suggests a potential upside, further boosting investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100