BMO Capital Maintains Outperform on Barrick Gold, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Jackie Przybylowski has maintained an Outperform rating on Barrick Gold (NYSE:GOLD) but reduced the price target from $28 to $27.
January 17, 2024 | 2:24 pm
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BMO Capital maintains an Outperform rating on Barrick Gold but lowers the price target from $28 to $27.
The reduction in price target by BMO Capital could have a mixed impact on Barrick Gold's stock price. While the Outperform rating reaffirms a positive outlook, the lowered price target may signal a more conservative valuation by the analyst, potentially leading to a neutral short-term impact.
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IMPORTANCE 75
RELEVANCE 100