RBC Capital Reiterates Outperform on Barrick Gold, Maintains $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Josh Wolfson has reiterated an Outperform rating on Barrick Gold (NYSE:GOLD) and maintained a price target of $18.
March 04, 2024 | 3:44 pm
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RBC Capital maintains an Outperform rating on Barrick Gold with a $18 price target.
The reiteration of an Outperform rating by a prominent analyst like Josh Wolfson, along with maintaining a solid price target of $18, is likely to instill confidence among investors and could positively influence Barrick Gold's stock price in the short term. Analyst ratings, especially from reputable firms like RBC Capital, often sway investor sentiment and can lead to stock price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100