Argus Research Downgrades Barrick Gold to Hold
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst David Coleman downgraded Barrick Gold (NYSE:GOLD) from Buy to Hold, indicating a neutral outlook on the company's stock.
February 26, 2024 | 12:31 pm
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Barrick Gold's stock rating was downgraded from Buy to Hold by Argus Research analyst David Coleman.
The downgrade from Buy to Hold by a prominent analyst suggests a neutral outlook on Barrick Gold's stock, potentially leading to a stabilization or slight decrease in investor enthusiasm in the short term. This change reflects the analyst's current assessment of the stock's future performance potential, which may influence investor sentiment and trading behavior.
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