BMO Capital Maintains Outperform on Barrick Gold, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Jackie Przybylowski has maintained an 'Outperform' rating on Barrick Gold (NYSE:GOLD), but lowered the price target from $31 to $30.

October 13, 2023 | 2:46 pm
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NEUTRAL IMPACT
Barrick Gold's price target has been lowered from $31 to $30 by BMO Capital, though the 'Outperform' rating is maintained.
The news is directly about Barrick Gold and its rating by BMO Capital. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintained 'Outperform' rating suggests that the analyst still expects the stock to do well. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100