Bernstein Maintains Market Perform on Newmont, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Bob Brackett maintains a Market Perform rating on Newmont (NYSE:NEM) but lowers the price target from $46 to $45.
May 16, 2024 | 5:55 pm
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Bernstein analyst Bob Brackett maintains a Market Perform rating on Newmont but lowers the price target from $46 to $45.
The lowered price target from $46 to $45 suggests a slightly less optimistic outlook for Newmont, which could lead to a short-term negative impact on the stock price.
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